Weekly Preliminary Unemployment Claims Lower to 216,000

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by Calculated Threat on 10/31/2024 08:30:00 AM

The DOL reported:

Within the week ending October 26, the advance determine for seasonally adjusted preliminary claims was 216,000, a lower of
12,000 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 transferring common was 236,500, a lower of two,250 from the earlier week’s revised common. The
earlier week’s common was revised up by 250 from 238,500 to 238,750.
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 236,500.

The earlier week was revised up.

Weekly claims have been beneath the consensus forecast.

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