The DOL reported:
In the week ending April 20, the advance figure for seasonally adjusted initial claims was 207,000, a decrease of 5,000
from the previous week’s unrevised level of 212,000. The 4-week moving average was 213,250, a decrease of 1,250 from
the previous week’s unrevised average of 214,500.
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 decreased to 213,250.
The previous week was unrevised.
Weekly claims were lower than the consensus forecast.