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    Weekly Preliminary Unemployment Claims Enhance to 229,000

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    by Calculated Threat on 6/06/2024 08:30:00 AM

    The DOL reported:

    Within the week ending June 1, the advance determine for seasonally adjusted preliminary claims was 229,000, a rise of 8,000
    from the earlier week’s revised stage. The earlier week’s stage was revised up by 2,000 from 219,000 to 221,000. The
    4-week shifting common was 222,250, a lower of 750 from the earlier week’s revised common. The earlier week’s
    common was revised up by 500 from 222,500 to 223,000.
    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 decreased to 222,250.

    The earlier week was revised up.

    Weekly claims have been larger than the consensus forecast.

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