by Calculated Risk on 6/18/2025 08:30:00 AM
The DOL reported:
In the week ending June 14, the advance figure for seasonally adjusted initial claims was 245,000, a decrease of 5,000
from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 248,000 to 250,000. The
4-week moving average was 245,500, an increase of 4,750 from the previous week’s revised average. This is the highest
level for this average since August 19, 2023 when it was 246,000. The previous week’s average was revised up by 500
from 240,250 to 240,750.
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 245,500.
The previous week was revised up.
Weekly claims were lower than the consensus forecast.
