In the week ending March 23, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 2,000
from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 210,000 to 212,000. The
4-week moving average was 211,000, a decrease of 750 from the previous week’s revised average. The previous week’s
average was revised up by 500 from 211,250 to 211,750.
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 211,000.
The previous week was revised up.
Weekly claims were close to the consensus forecast.