Part of the decline in claims back to a more than 53-year low touched in mid-March reflected a revision of the seasonal factors, the model that the ... Multiplicative seasonal factors are ...

The time trend model can be modified to account for regular seasonal fluctuations of the series about the trend. To capture seasonality, the trend model includes a seasonal parameter for each season.

The ARIMA model equivalency to seasonal exponential smoothing is the ARIMA(0,1,p+1)(0,1,0) p model ... The model equation for the multiplicative version of Winters method is The smoothing equations ...

Multiplicative seasonal factors are assumed to be proportional to the level of filings while additive factors are not affected. Published in The Express Tribune, April 8 th , 2022.

The number of Americans filing new claims for unemployment benefits fell last week, indicating a further tightening of labor market conditions heading into the second quarter, which could contribute ...

The switch back to multiplicative factors pushed applications down by about 20,000-40,000 for the recent weeks. Claims hit a record high of 6.137 million in early April 2020.