Weekly Initial Unemployment Claims Increase to 215,000

The DOL reported : In the week ending May 25, the advance figure for seasonally adjusted initial claims was 215,000 , an increase of 3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 211,000 to 212,000. The 4-week moving average was 216,750, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised up by 250 from 220,250 to 220,500. emphasis added The previous week was revised up. The following graph shows the 4-week moving average of weekly claims since 1971. Click on graph for larger image. The......(read more)

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