Weekly Initial Unemployment Claims Increase to 217,000
The DOL reported: In the week ending January 11, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 14,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 201,000 to 203,000. The 4-week moving average was 212,750, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 500 from 213,000 to 213,500. emphasis addedThe 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 213,000. The previous week was revised up. Weekly claims were close to the consensus forecast.
The DOL reported:
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 213,000.
The previous week was revised up.
Weekly claims were close to the consensus forecast.
In the week ending January 11, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 14,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 201,000 to 203,000. The 4-week moving average was 212,750, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 500 from 213,000 to 213,500.The following graph shows the 4-week moving average of weekly claims since 1971.
emphasis added
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 213,000.
The previous week was revised up.
Weekly claims were close to the consensus forecast.
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