by Calculated Risk on 7/03/2025 11:30:00 AM
The DOL reported:
In the week ending June 28, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 4,000
from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 236,000 to 237,000. The
4-week moving average was 241,500, a decrease of 3,750 from the previous week’s revised average. The previous week’s
average was revised up by 250 from 245,000 to 245,250.
emphasis added
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 decreased to 241,500.
The previous week was revised up.
Weekly claims were lower than the consensus forecast.