Initial Jobless Claims 354k vs 340k Expected
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(Updated - June 20, 2013 8:34 AM EDT)
Initial jobless claims for the week ending June 15 was 354,000, higher than the 340,000 expected by economists and an increase of 18,000 from the previous week's revised figure of 336,000.
The 4-week moving average was 348,250, an increase of 2,500 from the previous week's revised average of 345,750.
The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending June 8, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 8 was 2,951,000, a decrease of 40,000 from the preceding week's revised level of 2,991,000. The 4-week moving average was 2,978,750, an increase of 7,000 from the preceding week's revised average of 2,971,750.
Initial jobless claims for the week ending June 15 was 354,000, higher than the 340,000 expected by economists and an increase of 18,000 from the previous week's revised figure of 336,000.
The 4-week moving average was 348,250, an increase of 2,500 from the previous week's revised average of 345,750.
The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending June 8, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 8 was 2,951,000, a decrease of 40,000 from the preceding week's revised level of 2,991,000. The 4-week moving average was 2,978,750, an increase of 7,000 from the preceding week's revised average of 2,971,750.
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