by Calculated Threat on 6/06/2024 08:30:00 AM
The DOL reported:
Within the week ending June 1, the advance determine for seasonally adjusted preliminary claims was 229,000, a rise of 8,000
from the earlier week’s revised degree. The earlier week’s degree was revised up by 2,000 from 219,000 to 221,000. The
4-week shifting common was 222,250, a lower of 750 from the earlier week’s revised common. The earlier week’s
common was revised up by 500 from 222,500 to 223,000.
emphasis added
The next graph reveals 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 222,250.
The earlier week was revised up.
Weekly claims have been larger than the consensus forecast.
