by Calculated Risk on 8/09/2012 08:30:00 AM
Thursday, August 09, 2012
Weekly Initial Unemployment Claims decline to 361,000
The DOL reports:
In the week ending August 4, the advance figure for seasonally adjusted initial claims was 361,000, a decrease of 6,000 from the previous week's revised figure of 367,000. The 4-week moving average was 368,250, an increase of 2,250 from the previous week's revised average of 366,000.The following graph shows the 4-week moving average of weekly claims since January 2000.

The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims increased to 368,250.
This was below the consensus forecast of 367,000 and is near the lowest level for the four week average this year.
