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    Weekly Preliminary Unemployment Claims Improve to 219,000

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    by Calculated Danger on 5/30/2024 08:30:00 AM

    The DOL reported:

    Within the week ending Might 25, the advance determine for seasonally adjusted preliminary claims was 219,000, a rise of three,000
    from the earlier week’s revised degree. The earlier week’s degree was revised up by 1,000 from 215,000 to 216,000. The
    4-week transferring common was 222,500, a rise of two,500 from the earlier week’s revised common. The earlier
    week’s common was revised up by 250 from 219,750 to 220,000.
    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 elevated to 222,500.

    The earlier week was revised up.

    Weekly claims have been greater near the consensus forecast.

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