by Calculated Threat on 1/16/2025 10:02:00 AM
The DOL reported:
Within the week ending January 11, the advance determine for seasonally adjusted preliminary claims was 217,000, a rise of
14,000 from the earlier week’s revised degree. The earlier week’s degree was revised up by 2,000 from 201,000 to
203,000. The 4-week shifting common was 212,750, a lower of 750 from the earlier week’s revised common. The
earlier week’s common was revised up by 500 from 213,000 to 213,500.
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 decreased to 213,000.
The earlier week was revised up.
Weekly claims had been near the consensus forecast.