US Jobless Claims Hit Eight-Month High as Labor Market Cools

[mahatmakanejeeves]

1. From the source:

https://oui.doleta.gov/press/2022/072122.pdf

https://www.dol.gov/ui/data.pdf

News Release

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TRANSMISSION OF MATERIALS IN THIS RELEASE IS EMBARGOED UNTIL
8:30 A.M. (Eastern) Thursday, July 21, 2022

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS

SEASONALLY ADJUSTED DATA

In the week ending July 16, the advance figure for seasonally adjusted initial claims was 251,000, an increase of 7,000 from the previous week's unrevised level of 244,000. The 4-week moving average was 240,500, an increase of 4,500 from the previous week's revised average. The previous week's average was revised up by 250 from 235,750 to 236,000.

The advance seasonally adjusted insured unemployment rate was 1.0 percent for the week ending July 9, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 9 was 1,384,000, an increase of 51,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 1,331,000 to 1,333,000. The 4-week moving average was 1,353,250, an increase of 13,250 from the previous week's revised average. The previous week's average was revised up by 500 from 1,339,500 to 1,340,000.

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UNADJUSTED DATA

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The total number of continued weeks claimed for benefits in all programs for the week ending July 2 was 1,353,028, a decrease of 47,842 from the previous week. There were 12,555,535 weekly claims filed for benefits in all programs in the comparable week in 2021.

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Weekly Claims Archives
Weekly Claims Data

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U.S. Department of Labor
Employment and Training Administration
Washington, D.C. 20210
Release Number: USDL 22-1538-NAT

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