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by Calculated Risk on 12/29/2022 08:34:00 AM
The DOL reported:
In the week ending December 24, the advance figure for seasonally adjusted initial claims was 225,000, an increase of
9,000 from the previous week’s unrevised level of 216,000. The 4-week moving average was 221,000, a decrease of 250
from the previous week’s revised average. The previous week’s average was revised down by 500 from 221,750 to
221,250.
emphasis added
9,000 from the previous week’s unrevised level of 216,000. The 4-week moving average was 221,000, a decrease of 250
from the previous week’s revised average. The previous week’s average was revised down by 500 from 221,750 to
221,250.
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 221,000.
The previous week was unrevised.
Weekly claims were close to the consensus forecast.
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