Initial Jobless Claims Rose by 6,000 in Week Ending July 30

Washington, DC, August 4, 2022-In the week ending July 30, the advance figure for seasonally adjusted initial claims was 260,000, an increase of 6,000 from the previous week’s revised level, according to the Department of Labor. 

The previous week’s level was revised down by 2,000 from 256,000 to 254,000. The four-week moving average was 254,750, an increase of 6,000 from the previous week’s revised average. The previous week’s average was revised down by 500 from 249,250 to 248,750.