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    Weekly Preliminary Unemployment Claims Improve to 230,000

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    by Calculated Threat on 9/12/2024 08:30:00 AM

    The DOL reported:

    Within the week ending September 7, the advance determine for seasonally adjusted preliminary claims was 230,000, a rise of
    2,000 from the earlier week’s revised degree. The earlier week’s degree was revised up by 1,000 from 227,000 to
    228,000. The 4-week shifting common was 230,750, a rise of 500 from the earlier week’s revised common. The
    earlier week’s common was revised up by 250 from 230,000 to 230,250.
    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 230,750.

    The earlier week was revised up.

    Weekly claims had been above the consensus forecast.

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