by Calculated Threat on 11/21/2024 08:30:00 AM
The DOL reported:
Within the week ending November 16, the advance determine for seasonally adjusted preliminary claims was 213,000, a lower of
6,000 from the earlier week’s revised stage. The earlier week’s stage was revised up by 2,000 from 217,000 to
219,000. The 4-week shifting common was 217,750, a lower of three,750 from the earlier week’s revised common. The
earlier week’s common was revised up by 500 from 221,000 to 221,500.
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 217,750.
The earlier week was revised up.
Weekly claims have been beneath the consensus forecast.
