by Calculated Risk on 4/03/2025 08:34:00 AM
The DOL reported:
In the week ending March 29, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 6,000
from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 224,000 to 225,000. The
4-week moving average was 223,000, a decrease of 1,250 from the previous week’s revised average. The previous week’s
average was revised up by 250 from 224,000 to 224,250.
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 223,000.
The previous week was revised up.
Weekly claims were below the consensus forecast.
