by Calculated Threat on 5/16/2024 08:30:00 AM
The DOL reported:
Within the week ending Could 11, the advance determine for seasonally adjusted preliminary claims was 222,000, a lower of 10,000
from the earlier week’s revised stage. The earlier week’s stage was revised up by 1,000 from 231,000 to 232,000. The
4-week shifting common was 217,750, a rise of two,500 from the earlier week’s revised common. The earlier
week’s common was revised up by 250 from 215,000 to 215,250.
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 217,750.
The earlier week was revised up.
Weekly claims have been on the consensus forecast.
