U.S. unemployment claims rise

by Wally Northway

Published: July 1,2010

Tags: economy, employment, jobs, unemployment, unemployment benefits

In the week ending June 26, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 472,000, an increase of 13,000 from the previous week’s revised figure. The four-week moving average was 466,500, an increase of 3,250 from the previous week’s revised average.

The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending June 19, unchanged from the prior week’s revised rate of 3.6 percent.

The advance number for seasonally adjusted insured unemployment during the week ending June 19 was 4.616 million, an increase of 43,000 from the preceding week’s revised level. The four-week moving average was approximately 4.568 million, a decrease of 25,250 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 5.077 million.

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