by Calculated Risk on 6/30/2022 08:33:00 AM
The DOL reported:
from the previous week’s revised level. The previous week’s level was revised up by 4,000 from 229,000 to 233,000. The
4-week moving average was 231,750, an increase of 7,250 from the previous week’s revised average. The previous
week’s average was revised up by 1,000 from 223,500 to 224,500.
The following graph shows the 4-week moving average of weekly claims since 1971.
The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims increased to 231,750.
The previous week was revised up.
Weekly claims were higher than the consensus forecast.