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    Weekly Preliminary Unemployment Claims Lower to 238,000

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    by Calculated Danger on 6/20/2024 08:30:00 AM

    The DOL reported:

    Within the week ending June 15, the advance determine for seasonally adjusted preliminary claims was 238,000, a lower of 5,000
    from the earlier week’s revised stage. The earlier week’s stage was revised up by 1,000 from 242,000 to 243,000. The
    4-week transferring common was 232,750, a rise of 5,500 from the earlier week’s revised common. The earlier
    week’s common was revised up by 250 from 227,000 to 227,250.
    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 232,750.

    The earlier week was revised up.

    Weekly claims had been near the consensus forecast.

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