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    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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