Initial Jobless Claims Declined by 12,000 in Week Ending July 8

Washington, DC, July 13, 2023-In the week ending July 8, the advance figure for seasonally adjusted initial claims was 237,000, a decrease of 12,000 from the previous week's revised level, according to the Department of Labor. 

The previous week's level was revised up by 1,000 from 248,000 to 249,000. The four-week moving average was 246,750, a decrease of 6,750 from the previous week's revised average. The previous week's average was revised up by 250 from 253,250 to 253,500.