at Calculated Risk on 12/19/2024 08:30:00 AM
The DOL reported:
In the week ending December 14, the advance figure for seasonally adjusted initial claims were 220,000a decrease of 22,000 from the previous week’s unrevised level of 242,000. The 4-week moving average was 225,500, an increase of 1,250 from the previous week’s unrevised average of 224,250.
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 increased to 225,500.
The previous week was unrevised.
Weekly claims were lower than the consensus forecast.