by Calculated Risk on 2/27/2014 08:35:00 AM
Thursday, February 27, 2014
Weekly Initial Unemployment Claims increase to 348,000
The DOL reports:
In the week ending February 22, the advance figure for seasonally adjusted initial claims was 348,000, an increase of 14,000 from the previous week's revised figure of 334,000. The 4-week moving average was 338,250, unchanged from the previous week's revised average.The previous week was revised down from 336,000.
The following graph shows the 4-week moving average of weekly claims since January 2000.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWFiy21MhyrslHknk7YG7R0L4XSWxIWQPcHhZRr28Z1oTFmpJJFIAHyPqaVU8RmEfth8ttmFxUPUeb0BMXr2zn-vpcBNK2Kkwh95Fw_VUP3-ytC3nvSgRD-_l6lr7FMAnMVw95/s320/WeeklyClaimsFeb202014.jpg)
The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims was unchanged at 338,250.
This was above the consensus forecast of 335,000. Mostly moving sideways ...