by Risk calculated on 06/10/2022 08:33:00
Fraud reported:
During the week ending October 1, the anticipated figure for seasonally adjusted initial claims were 219,000, an increase of 29,000 from the revised level of the previous week. The previous week’s level was revised down by 3,000 from 193,000 to 190,000. The 4-week moving average was at 206,500, an increase of 250 from the revised average of the previous week . The previous week’s average was revised down by 750, from 207,000 to 206,250.
added emphasis
The following chart shows the 4-week moving average of weekly requests since 1971.
Click on the graphic to enlarge the image.
The dotted line on the chart represents the current 4-week average. The four-week average of weekly jobless claims rose to 206,500.
The previous week was revised downwards.
Weekly claims were higher than the consensus forecast.