Weekly Preliminary Unemployment Claims lower to 205,000

by Calculated Threat on 1/12/2023 08:37:00 AM

The DOL reported:

Within the week ending January 7, the advance determine for seasonally adjusted preliminary claims was 205,000, a lower of 1,000
from the earlier week’s revised degree. The earlier week’s degree was revised up by 2,000 from 204,000 to 206,000. The
4-week shifting common was 212,500, a lower of 1,750 from the earlier week’s revised common. The earlier week’s
common was revised up by 500 from 213,750 to 214,250.
emphasis added

The next graph exhibits the 4-week shifting common of weekly claims since 1971.

Click on on graph for bigger picture.

The dashed line on the graph is the present 4-week common. The four-week common of weekly unemployment claims decreased to 212,500.

The earlier week was revised up.

Weekly claims had been beneath the consensus forecast.

Leave a Reply

Your email address will not be published. Required fields are marked *