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U.S. unemployment claims increase

In the week ending July 31, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 479,000, an increase of 19,000 from the previous week’s revised figure. The four-week moving average was 458,500, an increase of 5,250 from the previous week’s revised average.

The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending July 24, unchanged from the prior week’s unrevised rate of 3.6 percent.

The advance number for seasonally adjusted insured unemployment during the week ending July 24 was 4.537 million, a decrease of 34,000 from the preceding week’s revised level. The four-week moving average was approximately 4.576 million, an increase of 25,750 from the preceding week’s revised average.

The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.028 million.

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