by Calculated Threat on 9/12/2024 08:30:00 AM
The DOL reported:
Within the week ending September 7, the advance determine for seasonally adjusted preliminary claims was 230,000, a rise of
2,000 from the earlier week’s revised stage. The earlier week’s stage was revised up by 1,000 from 227,000 to
228,000. The 4-week shifting common was 230,750, a rise of 500 from the earlier week’s revised common. The
earlier week’s common was revised up by 250 from 230,000 to 230,250.
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 elevated to 230,750.
The earlier week was revised up.
Weekly claims have been above the consensus forecast.
