Department of Labor Reports The Initial Unemployment Claims For The Week Ending July 25, 2020 Increases to 1.43 Million - 4-Week Moving Average Decreases to 17,058,250

Details: Last Updated: Thursday, 30 July 2020 05:36; Published: Thursday, 30 July 2020 05:36

COVID-19 Impact
The COVID-19 virus continues to impact the number of initial claims and insured unemployment. This report now includes information on claimants filing Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation claims.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS - SEASONALLY ADJUSTED DATA

July 30, 2020 - In the week ending July 25, the advance figure for seasonally adjusted initial claims was 1,434,000, an increase of 12,000 from the previous week's revised

level. The previous week's level was revised up by 6,000 from 1,416,000 to 1,422,000. The 4-week moving average was 1,368,500, an increase of 6,500 from the previous week's revised average. The previous week's average was revised up by 1,750 from 1,360,250 to 1,362,000.

The advance seasonally adjusted insured unemployment rate was 11.6 percent for the week ending July 18, an increase of 0.5 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 18 was 17,018,000, an increase of 867,000 from the previous week's revised level. The previous week's level was revised down by 46,000 from 16,197,000 to 16,151,000. The 4-week moving average was 17,058,250, a decrease of 435,500 from the previous week's revised average. The previous week's average was revised down by 11,500 from 17,505,250 to 17,493,750.

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Source: DOL

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