at Calculated Risk on 1/23/2025 08:30:00 AM
The DOL reported:
In the week ending January 18, the advance figure for seasonally adjusted initial claims were 223,000an increase of 6,000 from the previous week’s unrevised level of 217,000. The 4-week moving average was 213,500, an increase of 750 from the previous week’s unrevised average of 212,750.
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 213,500.
The previous week was unrevised.
Weekly claims were below the consensus forecast.