by Calculated Threat on 6/20/2024 08:30:00 AM
The DOL reported:
Within the week ending June 15, the advance determine for seasonally adjusted preliminary claims was 238,000, a lower of 5,000
from the earlier week’s revised degree. The earlier week’s degree was revised up by 1,000 from 242,000 to 243,000. The
4-week shifting common was 232,750, a rise of 5,500 from the earlier week’s revised common. The earlier
week’s common was revised up by 250 from 227,000 to 227,250.
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 232,750.
The earlier week was revised up.
Weekly claims have been near the consensus forecast.