by Calculated Risk on 10/13/2022 08:36:00 AM
The DOL reported:
9,000 from the previous week’s unrevised level of 219,000. The 4-week moving average was 211,500, an increase of
5,000 from the previous week’s unrevised average of 206,500.
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 increased to 211,500.
The previous week was unrevised.
Weekly claims were close to the consensus forecast.