The number of seasonally adjusted initial jobless claims in the United States improved by 4,000 to 235,000 in the week ending July 2, the Department of Labor revealed in its report published on Thursday. The 4-week moving average advanced by 750 from the previous week's revised average to come in s 232,500.
The advance seasonally adjusted insured unemployment rate for the week ending June 25, reached 1%, a growth of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment landed at 1,375,000, an increase of 51,000 from the previous week's revised level. The 4-week moving average rose by 16,500 to reach 1,335,000.
