1.5 Million New Unemployment Claims Filed Last Week

Above average jobless claims continue with another 1.5 million first-time claims filed through June 6. That compared with more than 1.87 million first-time filers in the previous-week period.

More than 44 million people — hundreds of thousands in the entertainment sector — have filed for unemployment since the coronavirus pandemic expanded nationwide.

The four-week moving average was 2,002,000, a decrease of 286,250 claims from the previous week’s revised average. The previous week’s average was revised up by 4,250 claims from 2,284,000 to 2,288,250.
The advance seasonally adjusted insured unemployment rate was 14.4% for the week ended May 30, a decrease of 0.2 percentage points from the previous week’s revised rate.

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