August 11, 2022

Initial Jobless Claims (week ended 8/5/2022)

- Initial Claims seasonally adjusted 262,000. Previous was 248,000

- Initial Claims,   unadjusted, totaled 203,619 in the week ending August 6, an increase of 7,521 (or 3.8 percent) from the previous week. 

- 4-Week Moving Average seasonally adjusted  252,000. Previous was  247,500

Numbers below are for the week ended 7/16

Total receiving regular state UI increased by 10.067

Total receiving any UI decreased by 9,206

Source:  Labor Department   Details: https://www.dol.gov/ui/data.pdf

 

PPI  (July 2022)

- PPI-FD month/month    -0.5%. Previous was 1.1%

- PPI-FD year/year        9.8%. Previous was 11.3%

- Ex-Food & Energy month/month    0.2%. Previous was 0.4%

- Ex-Food & Energy year/year       7.6%. Previous was 8.2%

- Ex-Food, Energy & Trade Services month/month    0.2%. Previous was 0.3%

- Ex-Food, Energy & Trade Services year/year    5.8%. Previous was +6.4%

This is inflation at the wholesale level.

Source: Bureau of Labor Statistics (BLS)   Details:  https://www.bls.gov/ppi/