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progree

(12,392 posts)
2. Graphs at
Thu Jun 15, 2023, 02:36 PM
Jun 2023

Graphs at   https://www.dol.gov/ui/data.pdf
of both initial claims and continuing claims aka insured employment.

Initial claims: 262k, unchanged from previous week.
Previous week revised up 1k. So on net, initial claims are 1k higher than in last week's report (261k)


Continuing claims (aka insured unemployment): 1775k, up 20k from previous week
Previous week revised down 2k. So on net, continuing claims are 18k higher than in last week's report (1757k)


In last week's report, which showed a big jump in initial claims, they said it might be distorted by the 3-day Memorial Day weekend. Unfortunately, this week seems to confirm that it was real. No July rate hike!

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