In the week ending December 7, the advance figure for seasonally adjusted initial claims was 242,000, an increase of
17,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 224,000 to
225,000. The 4-week moving average was 224,250, an increase of 5,750 from the previous week’s revised average. The
previous week’s average was revised up by 250 from 218,250 to 218,500.
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 increased to 224,250.
The previous week was revised up.
Weekly claims were above the consensus forecast.