The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending July 22, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 22 was 1,968,000, an increase of 3,000 from the previous week's revised level. The 4-week moving average was 1,964,750, an increase of 750 from the previous week's revised average.
Unemployment Claims down to 240,000
In the week ending July 29, the advance figure for seasonally adjusted initial claims was 240,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 244,000 to 245,000. The 4-week moving average was 241,750, a decrease of 2,500 from the previous week's revised average. The previous week's average was revised up by 250 from 244,000 to 244,250.
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