U.S. Economic Data Releases – June 7

The Labor Department reported this morning,

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

          SEASONALLY ADJUSTED DATA

In the week ending June 2, the advance figure for seasonally adjusted initial claims was 377,000, a decrease of 12,000 from the previous week’s revised figure of 389,000. The 4-week moving average was 377,750, an increase of 1,750 from the previous week’s revised average of 376,000.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending May 26, unchanged from the prior week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending May 26 was 3,293,000, an increase of 34,000 from the preceding week’s revised level of 3,259,000. The 4-week moving average was 3,279,500, an increase of 11,500 from the preceding week’s revised average of 3,268,000.

(click here if chart is not observable)

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