by Calculated Risk on 3/06/2025 08:30:00 AM
The DOL reported:
In the week ending March 1, the advance figure for seasonally adjusted initial claims was 221,000, a decrease of 21,000
from the previous week’s unrevised level of 242,000. The 4-week moving average was 224,250, an increase of 250 from
the previous week’s unrevised average of 224,000.
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 increased to 224,250.
The previous week was unrevised.
Weekly claims were lower than the consensus forecast.
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