by Bill McBride on 1/16/2014 08:35:00 AM
Thursday, January 16, 2014
The DOL reports:
In the week ending January 11, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 2,000 from the previous week's revised figure of 328,000. The 4-week moving average was 335,000, a decrease of 13,500 from the previous week's revised average of 348,500.The previous week was revised down from 330,000.
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 increased to 335,000.
The current week (next report) will be the BLS reference period for the employment report.
Posted by Bill McBride on 1/16/2014 08:35:00 AM