Connect With PPD
Follow Us:
Economy

Jobless Claims Remain Very Low for Week Ending July 13

U.S. jobless claims graph on a tablet screen. (Photo: AdobeStock)

Initial jobless claims rose to a seasonally adjusted 216,000 for the week ending July 13. The 4-week moving average declined 250 to 218,750.

PriorPrior RevisedConsensus ForecastForecast RangeResult
Initial Jobless Claims209 K208 K215 K208 K to 222 K216 K

The advance seasonally adjusted insured unemployment rate remained unchanged at a very low 1.2% for the week ending July 6,

The Labor Department said no state was triggered “on” the Extended Benefits program during the week ending June 29.

The highest insured unemployment rates in the week ending June 29 were in Connecticut (2.2), New Jersey (2.2), Puerto Rico (2.2), Pennsylvania (1.9), California (1.8), Rhode Island (1.8), Alaska (1.7), Massachusetts (1.6), and Illinois (1.5).

The largest increases in initial claims for the week ending July 6 were in New York (+10,903), Michigan (+6,729), Kentucky (+2,515), Arkansas (+1,374), and Wisconsin (+1,264), while the largest decreases were in California (-7,210), New Jersey (-5,946), Texas (-2,057), Connecticut (-1,556), and Pennsylvania (-1,351).

The labor market overall has remained very tight, leading to a stronger than expected jobs report for June.

READ FULL STORY

SubscribeSign In
PPD Staff

People's Pundit Daily delivers reader-funded data journalism covering the latest news in politics, polls, elections, business, the economy and markets.

Share
Published by
PPD Staff

Recent Posts

Media’s Worst Russian Collusion Sins May Soon Be Repeated

The most damning journalistic sin committed by the media during the era of Russia collusion…

1 year ago

Study: Mask-Mandates and Use Not Associated With Lower Covid-19 Case Growth

The first ecological study finds mask mandates were not effective at slowing the spread of…

3 years ago

Barnes and Baris on Big Tech’s Arbitrary Social Media Bans

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…

3 years ago

Barnes and Baris on Why America First Stands With Israel

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…

3 years ago

Personal Income Fell Significantly in February, Consumer Spending Weaker than Expected

Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…

4 years ago

Study: Infection, Vaccination Protects Against Covid-19 Variants

Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…

4 years ago

This website uses cookies.