In the week ending November 16, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of
6,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 217,000 to
219,000. The 4-week moving average was 217,750, a decrease of 3,750 from the previous week’s revised average. The
previous week’s average was revised up by 500 from 221,000 to 221,500.
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 217,750.
The previous week was revised up.
Weekly claims were below the consensus forecast.