US seasonally adjusted initial claims for jobless benefits fell 2,000 in week ended June 21 from previous week's revised level, to 312,000; four-week average rose 2,000 from previous week's revised average, to 314,250: Dept. of Labor

WASHINGTON , June 26, 2014 (press release) – In the week ending June 21, the advance figure for seasonally adjusted initial claims was 312,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 312,000 to 314,000. The 4-week moving average was 314,250, an increase of 2,000 from the previous week's revised average. The previous week's average was revised up by 500 from 311,750 to 312,250.

There were no special factors impacting this week's initial claims. The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending June 14, an increase of 0.1 percentage point from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending June 14 was 2,571,000, an increase of 12,000 from the previous week's revised level. The previous week's level was revised down by 2,000 from 2,561,000 to 2,559,000. The 4-week moving average was 2,587,000, a decrease of 13,000 from the previous week's revised average. This is the lowest level for this average since November 3, 2007 when it was 2,585,750. The previous week's average was revised down by 500 from 2,600,500 to 2,600,000.

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