Weekly Preliminary Unemployment Claims Improve to 217,000

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by Calculated Danger on 1/16/2025 10:02:00 AM

The DOL reported:

Within the week ending January 11, the advance determine for seasonally adjusted preliminary claims was 217,000, a rise of
14,000 from the earlier week’s revised degree. The earlier week’s degree was revised up by 2,000 from 201,000 to
203,000. The 4-week transferring common was 212,750, a lower of 750 from the earlier week’s revised common. The
earlier week’s common was revised up by 500 from 213,000 to 213,500.
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 213,000.

The earlier week was revised up.

Weekly claims had been near the consensus forecast.

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