US Jobless Claims Unchanged in Latest Week


The number of Americans filling for unemployment benefits came in at 218 thousand in the week ended June 1st 2019, the same as the previous week’s revised level and compared with market expectations of 215 thousand.

The 4-week moving average was 215,000, a decrease of 2,500 from the previous week's revised average. The previous week's average was revised up by 750 from 216,750 to 217,500. 

According to unadjusted data, the biggest rises were recorded in Pennsylvania (+2,122); Illinois (+978) and Tennessee (+772) while the largest declines were seen in Michigan (-4,437); California (-2,991); New Jersey (-1,767); Massachusetts (-1,665) and Texas (-1,422).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending May 25, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending May 25 was 1,682,000, an increase of 20,000 from the previous week's revised level. The previous week's level was revised up 5,000 from 1,657,000 to 1,662,000. The 4-week moving average was 1,672,750, a decrease of 1,000 from the previous week's revised average. The previous week's average was revised up by 1,250 from 1,672,500 to 1,673,750.

US Jobless Claims Unchanged in Latest Week


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
6/6/2019 12:40:03 PM