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 shifting 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 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 232,750.

The earlier week was revised up.

Weekly claims had been near the consensus forecast.

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