Latest News

Weekly Initial Unemployment Claims Increase to 244,000

0

by Calculated Risk on 7/14/2022 08:33:00 AM

The DOL reported:

In the week ending July 9, the advance figure for seasonally adjusted initial claims was 244,000, an increase of 9,000
from the previous week’s unrevised level of 235,000. The 4-week moving average was 235,750, an increase of 3,250
from the previous week’s unrevised average of 232,500.
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 increased to 235,750.

The previous week was unrevised.

Weekly claims were higher than the consensus forecast

Yen Extends Decline Against Dollar and Canadian

Previous article

Dollar Buying Continues after Record PPI, EUR/USD Breaks Parity Again

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News