"In the week ending June 9, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 4,000 from the previous week's unrevised level of 222,000," the U.S. Department of Labor announced on Thursday.
Key takeaways from the original publication
- The 4-week moving average was 224,250, a decrease of 1,250 from the previous week's unrevised average of 225,500.
- The advance number for seasonally adjusted insured unemployment during the week ending June 2 was 1,697,000, a decrease of 49,000 from the previous week's revised level.
- This is the lowest level for insured unemployment since December 1, 1973 when it was 1,692,000.
- The 4-week moving average was 1,726,250, a decrease of 3,750 from the previous week's revised average.
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