Thursday, June 08, 2023

New Unemployment Insurance Claims for The Week of June 3, 2023

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on June 3, 2023:

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Predicted: 250,000

  • Actual: 261,000
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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 (revised): 233,000
  • 4-Week Moving Average: 237,250

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 From Today's Report

"...[261,000] is the highest level for initial claims since October 30, 2021 when it was 264,000..."

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