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Economy

Economic Data (USA)

Thursday, July 21, 2022

New Unemployment Insurance Claims for The Week of July 16, 2022

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on July 16, 2022:

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Predicted: 250,000

  • Actual: 251,000
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The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

  • Previous Week (unrevised): 244,000
  • 4-Week Moving Average: 240,500

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From Today's Report

"...The highest insured unemployment rates in the week ending July 2 were in Puerto Rico (2.1), New Jersey (1.9), California (1.7), Rhode Island (1.7), New York (1.5), Pennsylvania (1.5), Massachusetts (1.4), Connecticut (1.3), Alaska (1.2), and Illinois (1.2).

The largest increases in initial claims for the week ending July 9 were in New York (+10,051), Kentucky (+3,061), Arizona (+2,447), Ohio (+2,274), and Indiana (+2,234), while the largest decreases were in California (-3,801), New Jersey (-3,332), Georgia (-1,859), Mississippi (-678), and Rhode Island (-484)..."


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