Weekly Preliminary Unemployment Claims Improve to 219,000

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by Calculated Threat on 5/30/2024 08:30:00 AM

The DOL reported:

Within the week ending Could 25, the advance determine for seasonally adjusted preliminary claims was 219,000, a rise of three,000
from the earlier week’s revised degree. The earlier week’s degree was revised up by 1,000 from 215,000 to 216,000. The
4-week transferring common was 222,500, a rise of two,500 from the earlier week’s revised common. The earlier
week’s common was revised up by 250 from 219,750 to 220,000.
emphasis added

The next graph exhibits 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 222,500.

The earlier week was revised up.

Weekly claims have been greater near the consensus forecast.

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