Weekly Preliminary Unemployment Claims Lower to 218,000

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by Calculated Threat on 9/26/2024 08:39:00 AM

The DOL reported:

Within the week ending September 21, the advance determine for seasonally adjusted preliminary claims was 218,000, a lower of
4,000 from the earlier week’s revised degree. The earlier week’s degree was revised up by 3,000 from 219,000 to
222,000. The 4-week shifting common was 224,750, a lower of three,500 from the earlier week’s revised common. The
earlier week’s common was revised up by 750 from 227,500 to 228,250.
emphasis added

The next graph exhibits 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 224,750.

The earlier week was revised up.

Weekly claims have been beneath the consensus forecast.

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