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“In the week ending June 30, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 3,000 from the previous week’s revised level,” the U.S. Department of Labor announced on Thursday.

Key takeaways from the official press release

  • The previous week’s level was revised up by 1,000 from 227,000 to 228,000.
  • The 4-week moving average was 224,500, an increase of 2,250 from the previous week’s revised average.
  • The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 23, unchanged from the previous week’s unrevised rate.
  • The advance number for seasonally adjusted insured unemployment during the week ending June 23 was 1,739,000, an increase of 32,000 from the previous week’s revised level.