Jobless Claims Declined to 229K in Week Ending June 18

Washington, DC, June 23, 2022-In the week ending June 18, the advance figure for seasonally adjusted initial claims was 229,000, a decrease of 2,000 from the previous week’s revised level, according to the Department of Labor. 

The previous week’s level was revised up by 2,000 from 229,000 to 231,000. The four-week moving average was 223,500, an increase of 4,500 from the previous week’s revised average. The previous week’s average was revised up by 500 from 218,500 to 219,000.