In the week closing June 3, the adjusted initial claims reached 373,000, an increase of 2,000 from past week’s revised level.
- The insured unemployment rate for the week closing June 26 was 2.4%, a 0.1% decline from the last week.
- The actual claims under state programs was 369,661 for the week closing July surpassed the seasonal expectations of 0.4% to increase by 0.9% increase from the previous week.
- The total claims for benefits in all programs decreased by 449,642 to 14,209,007 from the previous week.
- 11 states still provided Extended Benefits, including Alaska, California, Connecticut, District of Columbia, Massachusetts, Illinois, Nevada, New York, New Jersey, Texas, and Rhode Island.
- The highest insured unemployment rates in the week closing June 19 were recorded in Rhode Island, Puerto Rico, Nevada, California, Connecticut, and Illinois.
Largest increases in initial claims were in Puerto Rico, New Jersey, Massachusetts, New York, and Connecticut while largest decreases were recorded in Pennsylvania, Kentucky, California, Texas, and Michigan.
DJI dips -1.05%
Source: Department of Labor.