by Calculated Threat on 9/05/2024 08:30:00 AM
The DOL reported:
Within the week ending August 31, the advance determine for seasonally adjusted preliminary claims was 227,000, a lower of 5,000
from the earlier week’s revised degree. The earlier week’s degree was revised up by 1,000 from 231,000 to 232,000. The
4-week transferring common was 230,000, a lower of 1,750 from the earlier week’s revised common. The earlier week’s
common was revised up by 250 from 231,500 to 231,750.
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 230,000.
The earlier week was revised up.
Weekly claims have been decrease than the consensus forecast.
