by Calculated Threat on 5/30/2024 08:30:00 AM
The DOL reported:
Within the week ending Could 25, the advance determine for seasonally adjusted preliminary claims was 219,000, a rise of three,000
from the earlier week’s revised degree. The earlier week’s degree was revised up by 1,000 from 215,000 to 216,000. The
4-week shifting common was 222,500, a rise of two,500 from the earlier week’s revised common. The earlier
week’s common was revised up by 250 from 219,750 to 220,000.
emphasis added
The next graph reveals 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 222,500.
The earlier week was revised up.
Weekly claims had been larger near the consensus forecast.
