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US: Initial claims was 218,000, a decrease of 3,000 from the previous week

“In the week ending June 16, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 3,000 from the previous week’s revised level,”  the U.S. Department of Labor announced on Thursday.

Key takeaways from the  original  publication

  • The previous week’s level was revised up by 3,000 from 218,000 to 221,000.
  • The 4-week moving average was 221,000, a decrease of 4,000 from the previous week’s revised average.
  • The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 9.
  •  The advance number for seasonally adjusted insured unemployment during the week ending June 9 was 1,723,000, an increase of 22,000 from the previous week’s revised level.

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