In the week ending May 31, the advance figure for seasonally adjusted initial claims was 247,000, an increase of 8,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 240,000 to 239,000. The 4-week moving average was 235,000, an increase of 4,500 from the previous week’s revised average. The previous week’s average was revised down by 250 from 230,750 to 230,500.

“Today’s jobs report demonstrates yet again that we are making a remarkable economic comeback,” U.S. Secretary of Labor Lori Chavez-DeRemer. “With 139,000 jobs created in May, President Trump continues to deliver on his promise to put American workers and businesses first – beating expectations for three months in a row.”

The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending May 24, a decrease of 0.1 percentage point from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 24 was 1,904,000, a decrease of 3,000 from the previous week’s revised level. The previous week’s level was revised down by 12,000 from 1,919,000 to 1,907,000. The 4-week moving average was 1,895,250, an increase of 8,000 from the previous week’s revised average. This is the highest level for this average since November 27, 2021, when it was 1,923,500. The previous week’s average was revised down by 3,000 from 1,890,250 to 1,887,250.