US: Initial claims was 218,000, a decrease of 3,000 from the previous week
|"In the week ending June 16, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 3,000 from the previous week's revised level," the U.S. Department of Labor announced on Thursday.
Key takeaways from the original publication
- The previous week's level was revised up by 3,000 from 218,000 to 221,000.
- The 4-week moving average was 221,000, a decrease of 4,000 from the previous week's revised average.
- The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 9.
- The advance number for seasonally adjusted insured unemployment during the week ending June 9 was 1,723,000, an increase of 22,000 from the previous week's revised level.
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