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by Calculated Risk on 2/02/2023 08:33:00 AM
The DOL reported:
In the week ending January 28, the advance figure for seasonally adjusted initial claims was 183,000, a decrease of
3,000 from the previous week’s unrevised level of 186,000. The 4-week moving average was 191,750, a decrease of
5,750 from the previous week’s unrevised average of 197,500.
emphasis added
3,000 from the previous week’s unrevised level of 186,000. The 4-week moving average was 191,750, a decrease of
5,750 from the previous week’s unrevised average of 197,500.
emphasis added
The following graph shows the 4-week moving average of weekly claims since 1971.
Click on graph for larger image.
The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims decreased to 191,750.
The previous week was unrevised.
Weekly claims were below the consensus forecast.
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