Unemployment Insurance Weekly Claims – June 29, 2023

Thursday, June 29, 2023

Executive Summary:

  • The initial claims for unemployment benefits were 239,000, a decrease of 26,000 from the previous week’s revised level.
  • The previous week’s level was revised up by 1,000 from 264,000 to 265,000.
  • The 4-week moving average of initial claims rose by 1,500 to 257,500, marking the highest level since November 13, 2021, when it was 260,000.
  • The advance seasonally adjusted insured unemployment rate remained unchanged at 1.2 percent for the week ending June 17.
  • The number for seasonally adjusted insured unemployment during the week ending June 17 was 1,742,000, a decrease of 19,000 from the previous week’s revised level.
  • The 4-week moving average for the number of people receiving unemployment benefits was 1,757,500, a decrease of 13,000 from the previous week’s revised average.

Unedited Press Release Text:


SOURCE: https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/ui-claims/20231484.pdf

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