Friday, June 07, 2024

About 229,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed that about 229,000 workers filed for unemployment benefits in the week ending on June 1st. Here is the official Labor Department statement:

In the week ending June 1, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 8,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 219,000 to 221,000. The 4-week moving average was 222,250, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 500 from 222,500 to 223,000.

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