by Calculated Threat on 5/23/2024 08:30:00 AM
The DOL reported:
Within the week ending Might 18, the advance determine for seasonally adjusted preliminary claims was 215,000, a lower of 8,000
from the earlier week’s revised degree. The earlier week’s degree was revised up by 1,000 from 222,000 to 223,000. The
4-week shifting common was 219,750, a rise of 1,750 from the earlier week’s revised common. The earlier
week’s common was revised up by 250 from 217,750 to 218,000.
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 219,750.
The earlier week was revised up.
Weekly claims have been decrease than the consensus forecast.
