The Labor Department reported initial jobless claims rose as expected by 8,000 to a seasonally adjusted 215,000 for the week ending July 27. The 4-week moving average declined by 1,750 to 211,500.
| Prior | Consensus Forecast | Forecast Range | Result | |
| Jobless Claims | 206K | 214K | 207K to 215K | 215K |
The advance seasonally adjusted insured unemployment rate was unchanged at a very low 1.2% for the week ending July 20. The advance number for seasonally adjusted insured unemployment for July 20 was 1,699,000.
No state was triggered “on” the Extended Benefits program during the week ending July 13.
The highest insured unemployment rates in the week ending July 13 were in Puerto Rico (2.5), New Jersey (2.4), Connecticut (2.2), Pennsylvania (2.0), Rhode Island (1.9), California (1.8), Alaska (1.7), Illinois (1.6), Massachusetts (1.6), New York (1.4), Oregon (1.4), and West Virginia (1.4).
The largest increases in initial claims for the week ending July 20 were in Michigan (+1,490), Illinois (+737), California (+280), and Nebraska (+16), while the largest decreases were in New York (-13,571), Pennsylvania (-3,506), Texas (-3,186), Georgia (-2,958), and Wisconsin (-2,034).
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