by Calculated Threat on 11/07/2024 08:30:00 AM
The DOL reported:
Within the week ending November 2, the advance determine for seasonally adjusted preliminary claims was 221,000, a rise of
3,000 from the earlier week’s revised stage. The earlier week’s stage was revised up by 2,000 from 216,000 to
218,000. The 4-week shifting common was 227,250, a lower of 9,750 from the earlier week’s revised common. The
earlier week’s common was revised up by 500 from 236,500 to 237,000.
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 227,250.
The earlier week was revised up.
Weekly claims have been near the consensus forecast.
