Friday, June 16, 2023

About 262,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed that about 262,000 workers filed for unemployment benefits in the week ending on June 10th. Here is the official Labor Department statement: 

In the week ending June 10, the advance figure for seasonally adjusted initial claims was 262,000, unchanged from the previous week's revised level. The previous week's level was revised up by 1,000 from 261,000 to 262,000. The 4-week moving average was 246,750, an increase of 9,250 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 249,250. The previous week's average was revised up by 250 from 237,250 to 237,500.

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