by Calculated Risk on 5/26/2022 08:38:00 AM
The DOL reported:
from the previous week’s unrevised level of 218,000. The 4-week moving average was 206,750, an increase of 7,250
from the previous week’s unrevised average of 199,500.
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 206,750.
The previous week was unrevised.
Weekly claims were lower than the consensus forecast.