Thursday, October 04, 2012

Weekly Initial Unemployment Claims increase to 367,000

by Bill McBride on 10/04/2012 08:30:00 AM

The DOL reports:

In the week ending September 29, the advance figure for seasonally adjusted initial claims was 367,000, an increase of 4,000 from the previous week's revised figure of 363,000. The 4-week moving average was 375,000, unchanged from the previous week's revised average.
The previous week was revised up from 359,000.

The following graph shows the 4-week moving average of weekly claims since January 2000.



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 was unchanged at 375,000.

This was lower than the consensus forecast of 370,000.



And here is a long term graph of weekly claims:

Mostly moving sideways this year ...

All current Employment Graphs

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