Initial Jobless Claims Declined by 26,000 in Week Ending June 24
Washington, DC, June 29, 2023-In the week ending June 24, the advance figure for seasonally adjusted initial claims was 239,000, a decrease of 26,000 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 264,000 to 265,000. The four-week moving average was 257,500, an increase of 1,500 from the previous week's revised average. This is the highest level for this average since November 13, 2021 when it was 260,000. The previous week's average was revised up by 250 from 255,750 to 256,000.