by calculated risk October 24, 2024 08:30:00 AM
dollar reported:
Advance figures for the week ending October 19 are: Initial seasonally adjusted claims were 227,000a decrease of 15,000 cases from the previous week’s revised figure. Last week’s level was revised upward by 1,000, from 241,000 to 242,000. The four-week moving average was 238,500, an increase of 2,000 from the previous week’s revised average. The previous week’s average was revised upward by 250 people, from 236,250 to 236,500.
Emphasis added
The following graph shows the four-week moving average of weekly claims since 1971.
Click on the graph to see a larger image.
The dashed line on the graph is the current four-week average. The four-week average of weekly unemployment claims rose to 238,500.
Last week’s figure was revised upward.
Weekly filings were below consensus expectations.
The recent increase is partially related to hurricanes.
