by Calculated Risk on 8/23/2018 08:32:00 AM
Thursday, August 23, 2018
The DOL reported:
In the week ending August 18, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 2,000 from the previous week's unrevised level of 212,000. The 4-week moving average was 213,750, a decrease of 1,750 from the previous week's unrevised average of 215,500.The previous week was unrevised.
The following graph shows the 4-week moving average of weekly claims since 1971.
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 decreased to 213,750.
This was lower than the consensus forecast. The low level of claims suggest few layoffs.
Posted by Calculated Risk on 8/23/2018 08:32:00 AM