by Calculated Risk September 26, 2024 8:39 AM
DOL (Department of Labor) Reported:
During the week ending September 21st, The seasonally adjusted number of new claims was 218,000.The weekly average was 224,750, down 3,500 from the previous week’s revised figure. The weekly average was 228,250, up 750 from 227,500, down 750 from the previous week’s revised figure.
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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 fell to 224,750.
The previous week was revised upwards.
Weekly claims fell short of consensus expectations.