Weekly Preliminary Unemployment Claims Enhance to 221,000

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by Calculated Danger on 11/07/2024 08:30:00 AM

The DOL reported:

Within the week ending November 2, the advance determine for seasonally adjusted preliminary claims was 221,000, a rise of
3,000 from the earlier week’s revised degree. The earlier week’s degree was revised up by 2,000 from 216,000 to
218,000. The 4-week shifting common was 227,250, a lower of 9,750 from the earlier week’s revised common. The
earlier week’s common was revised up by 500 from 236,500 to 237,000.
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 decreased to 227,250.

The earlier week was revised up.

Weekly claims had been near the consensus forecast.

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