by Calculated Risk on 5/29/2025 08:30:00 AM
The DOL reported:
In the week ending May 24, the advance figure for seasonally adjusted initial claims was 240,000, an increase of 14,000
from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 227,000 to 226,000.
The 4-week moving average was 230,750, a decrease of 250 from the previous week’s revised average. The previous
week’s average was revised down by 500 from 231,500 to 231,000.
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 230,750.
The previous week was revised down.
Weekly claims were higher than the consensus forecast.
