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/
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