bee Calculated Risk On 2/27/2025 08:30:00 AM
The Dol Reported:
In the week ending February 22, the Advance Figure for Seasonally Adjusted Initial Claims was 242,000an increase or 22,000 from the previous week’s revised level. The previous week’s level was revised up at 1,000 from 219,000 to 220,000. The 4-Week Moving Average was 224,000, an increase of 8,500 from the previous week’s revised average. The previous week’s average was revised up at 250 from 215,250 to 215,500.
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 224,000.
The previous week was revised up.
Weekly claims were well above the consensus forecast.