About 245,000 Workers Filed For Unemployment Last Week

The Labor Department released their weekly unemployment report on Wednesday (a day early this week). It showed about 245,000 workers filed for unemployment benefits in the week ending on June 14th. Here is the official Labor Department statement:

In the week ending June 14, the advance figure for seasonally adjusted initial claims was 245,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 248,000 to 250,000. The 4-week moving average was 245,500, an increase of 4,750 from the previous week's revised average. This is the highest level for this average since August 19, 2023 when it was 246,000. The previous week's average was revised up by 500 from 240,250 to 240,750.