Vision Payroll

According to the US Department of Labor, in the week ending June 5, the advance figure for seasonally adjusted initial claims was 456,000, a decrease of 3,000 from the previous week’s revised figure of 459,000. The 4-week moving average was 463,000, an increase of 2,500 from the previous week’s revised average of 460,500.

The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending May 29, a decrease of 0.2 percentage points from the prior week’s revised rate of 3.7%.

The advance number for seasonally adjusted insured unemployment during the week ending May 29 was 4,462,000, a decrease of 255,000 from the preceding week’s revised level of 4,717,000. The 4-week moving average was 4,617,500, a decrease of 49,250 from the preceding week’s revised average of 4,666,750.

The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.120 million.