In the week ending August 31, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 5,000
from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 231,000 to 232,000. The
4-week moving average was 230,000, a decrease of 1,750 from the previous week’s revised average. The previous week’s
average was revised up by 250 from 231,500 to 231,750.
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 decreased to 230,000.
The previous week was revised up.
Weekly claims were lower than the consensus forecast.