• Prior week 261K revised 262K
• In the week ending June 10, the initial claims were 262,000, which was unchanged from the previous week's revised level.
• The previous week's level was revised up by 1,000 from 261,000 to 262,000.
• The 4-week moving average Moving average A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot Read this Term was 246,750, an increase of 9,250 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 249,250.
• The advance seasonally adjusted unemployment rate remained at 1.2 percent for the week ending June 3, unchanged from the previous week's rate.
• The advance number for seasonally adjusted continuing claims during the week ending June 3 was 1,775,000, an increase of 20,000 from the previous week's revised level.
• The previous week's level was revised down by 2,000 from 1,757,000 to 1,755,000.
• The 4-week moving average for continuing claims was 1,778,250, a decrease of 6,000 from the previous week's revised average.