by Calculated Risk on 7/19/2012 08:37:00 AM
Thursday, July 19, 2012
Weekly Initial Unemployment Claims increase to 386,000
The DOL reports:
In the week ending July 14, the advance figure for seasonally adjusted initial claims was 386,000, an increase of 34,000 from the previous week's revised figure of 352,000. The 4-week moving average was 375,500, a decrease of 1,500 from the previous week's revised average of 377,000.
The following graph shows the 4-week moving average of weekly claims since January 2000.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9Ds-1eSu6Tl2EXPLgN58mOa0DEfrJCXBzFLjhkYJ6lSUOuuvHiyF77DlzWSF9dbgt9zjFD7V9nd4ArXJTFyZiUtnpXUUO1fjCHR4oNnvV1suz0EMuAWjj_gNTrauLEq4LZAhj/s320/WeeklyClaimsJuly192012.jpg)
The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims declined to 375,500.
The sharp decline last week due to onetime factors, and some increase was expected.
And here is a long term graph of weekly claims:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjma9WmqlxEOACWz8WiNvH9u8NCv12XuXRZBYVi01TrlK3rAywF8ZbOcS_vEItwuyrwkVg6bDs-poo4cBlf7DJLTokneF_OzX6OccI1v1tl1CwjtEGeH3x4R1o2mjjb-BxNiAeU/s320/WeeklyClaimsLongJuly192012.jpg)