by Calculated Risk June 27, 2024 8:35 AM
DOL (Department of Labor) report:
In the week ending June 22, Seasonally adjusted new claims were 233,000.The number of cases was 6,000 lower than the previous week’s revised figure. The previous week’s number was revised upward by 1,000 from 238,000 to 239,000. The four-week moving average was 236,000, up 3,000 from the previous week’s revised figure. The previous week’s average was revised upward by 250 from 232,750 to 233,000.
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The following chart shows the four-week moving average of weekly unemployment claims since 1971.
Click on the graph to enlarge the image.
The dashed line on the graph is the current four-week average. The four-week average for weekly jobless claims increased to 236,000.
The previous week was revised upwards.
Weekly claims fell short of consensus expectations.
