by Calculated Threat on 10/24/2024 08:30:00 AM
The DOL reported:
Within the week ending October 19, the advance determine for seasonally adjusted preliminary claims was 227,000, a lower of
15,000 from the earlier week’s revised stage. The earlier week’s stage was revised up by 1,000 from 241,000 to
242,000. The 4-week shifting common was 238,500, a rise of two,000 from the earlier week’s revised common. The
earlier week’s common was revised up by 250 from 236,250 to 236,500.
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 elevated to 238,500.
The earlier week was revised up.
Weekly claims have been under the consensus forecast.Â
The current enhance was partially hurricane associated.
