DOL: Initial Jobless Claims Fell 4,000 Week-ended June 28


   
Dawn Gallagher
DTN Energy Reporter

   OAKHURST, N.J. (DTN) --- The advance figure for seasonally adjusted initial 
U.S. unemployment claims was 233,000 in the week ending June 28, down 4,000 
from the previous week's revised level of 237,000, the Department of Labor 
reported this morning. The four-week moving average was 241,500, a decrease of 
3,750 from the previous week's revised average. The previous week's average was 
revised up by 250 from 245,000 to 245,250.

   DOL reported the advance seasonally adjusted insured unemployment rate at 
1.3% for the week ending June 21, unchanged from the previous week's unrevised 
rate. The advance number for seasonally adjusted insured employment during the 
week of June 21 was 1,964,000, unchanged from the previous week's revised 
level. The previous week's level was revised down 10,000 from 1,974,000 to 
1,964,000. The four-week moving average was 1,954,000, an increase of 15,550 
from the previous week's revised average. This is the highest level for this 
average since November 20, 2021, when it was 2,004,250. The previous week's 
average was revised down by 2,500 from 1,941,000 to 1,938,500.




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