“In the week ending August 4, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 6,000 from the previous week’s revised level,” the U.S. Department of Labor announced on Thursday.
Key takeaways from the official publication
- The 4-week moving average was 214,250, a decrease of 500 from the previous week’s revised average.
- The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending July 28, unchanged from the previous week’s unrevised rate.
- The advance number for seasonally adjusted insured unemployment during the week ending July 28 was 1,755,000, an increase of 29,000 from the previous week’s revised level.
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