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| Jobless Claims |
Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on July 30, 2022:
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Predicted: 255,000
- Actual: 260,000
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 (revised): 254,000
- 4-Week Moving Average: 254,750
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From Today's Report
"...The highest insured unemployment rates in the week ending July 16 were in Puerto Rico (2.2), New Jersey (2.1), California (1.9), Connecticut (1.9), Rhode Island (1.8), New York (1.6), Massachusetts (1.5), Pennsylvania (1.5), Alaska (1.2), Illinois (1.2), and Nevada (1.2).
The largest increases in initial claims for the week ending July 23 were in Kentucky (+1,051), Virginia (+283), New Mexico (+51), the Virgin Islands (+21), and South Dakota (+7), while the largest decreases were in Massachusetts (-7,490), New York (-5,769), South Carolina (-3,170), California (-3,122), and Alabama (-2,125)..."
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