Jobless Claims Rose by 1.4M in Third Week of July
Washington, DC, July 23, 2020-In the week ending July 18, the advance figure for seasonally adjusted initial claims was 1,416,000, an increase of 109,000 from the previous week's revised level, according to the Department of Labor.
The previous week's level was revised up by 7,000 from 1,300,000 to 1,307,000. The four-week moving average was 1,360,250, a decrease of 16,500 from the previous week's revised average. The previous week's average was revised up by 1,750 from 1,375,000 to 1,376,750.