by calculated risk May 23, 2024 08:30:00 AM
dollar report:
Advance statistics for the week ending May 18th: Seasonally adjusted initial claims were 215,000.The number of cases in the last week was 219,750, down 8,000 from the previous week’s revised figure. The previous week’s level was revised upward by 1,000 to 223,000 from 222,000. The four-week moving average was 219,750, up 1,750 from the previous week’s revised average. The previous week’s average was revised upward by 250 to 218,000 from 217,750.
Emphasis added
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 4-week average. His four-week average of weekly unemployment claims rose to 219,750.
Last week’s figure was revised upward.
Weekly claims fell short of consensus expectations.
