FOR IMMEDIATE RELEASE

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EMBARGOED UNTIL 8:30 A.M. (Eastern) Thursday, June 13, 2024

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS SEASONALLY ADJUSTED DATA

In the week ending June 8, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 13,000 from the previous week’s unrevised level of 229,000. The 4-week moving average was 227,000, an increase of 4,750 from the previous week’s unrevised average of 222,250.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 1, unchanged from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 1 was 1,820,000, an increase of 30,000 from the previous week’s revised level. The previous week’s level was revised down by 2,000 from 1,792,000 to 1,790,000. The 4-week moving average was 1,796,750, an increase of 8,500 from the previous week’s revised average. The previous week’s average was revised down by 500 from 1,788,750 to 1,788,250.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 234,707 in the week ending June 8, an increase of 38,530 (or 19.6 percent) from the previous week. The seasonal factors had expected an increase of 26,616 (or 13.6 percent) from the previous week. There were 250,795 initial claims in the comparable week in 2023.

The advance unadjusted insured unemployment rate was 1.1 percent during the week ending June 1, unchanged from the prior week. The advance unadjusted level of insured unemployment in state programs totaled 1,714,340, an increase of 43,806 (or 2.6 percent) from the preceding week. The seasonal factors had expected an increase of 16,114 (or 1.0 percent) from the previous week. A year earlier the rate was 1.1 percent and the volume was 1,647,848.

The total number of continued weeks claimed for benefits in all programs for the week ending May 25 was 1,693,732, an increase of 2,913 from the previous week. There were 1,619,343 weekly claims filed for benefits in all programs in the comparable week in 2023.

No state was triggered “on” the Extended Benefits program during the week ending May 25. Initial claims for UI benefits filed by former Federal civilian employees totaled 400 in the week ending June 1, an increase of 47 from the prior week. There were 305 initial claims filed by newly discharged veterans, an increase of 1 from the preceding week. There were 4,401 continued weeks claimed filed by former Federal civilian employees the week ending May 25, a decrease of 2 from the previous week.

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