Seasonally Adjusted Data economy news online
In the week ending June 1, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 8,000 from the previous week’s revised level.
The previous week’s level was revised up by 2,000 from 219,000 to 221,000.
The 4-week moving average was 222,250, a decrease of 750 from the previous week’s revised average. The previous week’s average was revised up by 500 from 222,500 to 223,000.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending May 25, unchangedfrom the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 25 was 1,792,000, an increase of 2,000 from the previous week’s revised level.
economy news online
The previous week’s level was revised down by 1,000 from 1,791,000 to 1,790,000. The 4-week moving average was 1,788,750, an increase of 2,750 from the previous week’s revised average. The previous week’s average was revised down by 250 from 1,786,250 to 1,786,000
Unadjusted Data
The advance number of actual initial claims under state programs, unadjusted, totaled 195,430 in the week ending June 1,a decrease of 1,734 (or -0.9 percent) from the previous week. The seasonal factors had expected a decrease of 8,178 (or -4.1 percent) from the previous week. There were 219,975 initial claims in the comparable week in 2023.
The advance unadjusted insured unemployment rate was 1.1 percent during the week ending May 25, unchanged fromthe prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,672,384, an increaseof 5,754 (or 0.3 percent) from the preceding week. The seasonal factors had expected an increase of 3,580 (or 0.2percent) from the previous week. A year earlier the rate was 1.1 percent and the volume was 1,593,705.
economy news online
Notes from APS Radio News
At Wall Street, a number of stocks pulled back from yesterday’s gains, in part, due to report concerning applications for unemployment insurance benefits.
