by Calculated Risk on 2/06/2025 08:30:00 AM
The DOL reported:
In the week ending February 1, the advance figure for seasonally adjusted initial claims was 219,000, an increase of
11,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 207,000 to
208,000. The 4-week moving average was 216,750, an increase of 4,000 from the previous week’s revised average. The
previous week’s average was revised up by 250 from 212,500 to 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 216,750.
The previous week was revised up.
Weekly claims were above the consensus forecast.
