Weekly Preliminary Unemployment Claims Lower to 227,000

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by Calculated Danger on 8/15/2024 08:30:00 AM

The DOL reported:

Within the week ending August 10, the advance determine for seasonally adjusted preliminary claims was 227,000, a lower of seven,000
from the earlier week’s revised degree. The earlier week’s degree was revised up by 1,000 from 233,000 to 234,000. The
4-week transferring common was 236,500, a lower of 4,500 from the earlier week’s revised common. The earlier week’s
common was revised up by 250 from 240,750 to 241,000.
emphasis added

The next graph reveals the 4-week transferring 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 236,500.

The earlier week was revised up.

Weekly claims have been decrease than the consensus forecast.

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