by Calculated Threat on 5/09/2024 08:30:00 AM
The DOL reported:
Within the week ending Might 4, the advance determine for seasonally adjusted preliminary claims was 231,000, a rise of twenty-two,000
from the earlier week’s revised stage. The earlier week’s stage was revised up by 1,000 from 208,000 to 209,000. The
4-week shifting common was 215,000, a rise of 4,750 from the earlier week’s revised common. The earlier
week’s common was revised up by 250 from 210,000 to 210,250.
emphasis added
The next graph exhibits the 4-week shifting common of weekly claims since 1971.
Click on on graph for bigger picture.
The dashed line on the graph is the present 4-week common. The four-week common of weekly unemployment claims elevated to 215,000.
The earlier week was revised up.
Weekly claims had been a lot greater than the consensus forecast.
