by Calculated risk on 9/22/2022 08:32:00 AM
The Ministry of Labor stated:
In the week ending September 17, the pre-number of s . wasEasily adjusted initial claims were 213,000, an increase of 5,000 from the revised level for the previous week. The previous week’s level was revised down by 5,000 from 213,000 to 208,000. The 4-week moving average was 216,750, down 6,000 from the previous week’s revised average. The previous week’s average was revised down 1,250 from 224,000 to 222,750.
The following chart shows the 4-week moving average of weekly claims since 1971.
Click on the chart for a larger picture.
The dashed line on the chart is the current 4-week average. The four-week average weekly jobless claims fell to 216,750.
The previous week has been revised downward.
Weekly claims were close to consensus expectations.