Weekly Initial Unemployment Claims Decrease to 213,000 - InvestingChannel

Weekly Initial Unemployment Claims Decrease to 213,000

The DOL reported:

In the week ending November 23, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of
2,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 213,000 to
215,000. The 4-week moving average was 217,000, a decrease of 1,250 from the previous week’s revised average. The
previous week’s average was revised up by 500 from 217,750 to 218,250.
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 217,000.

The previous week was revised up.

Weekly claims were below the consensus forecast.

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