by Calculated Risk on 2/07/2019 08:34:00 AM
Thursday, February 07, 2019
The DOL reported:
In the week ending February 2, the advance figure for seasonally adjusted initial claims was 234,000, a decrease of 19,000 from the previous week's unrevised level of 253,000. The 4-week moving average was 224,750, an increase of 4,500 from the previous week's unrevised average of 220,250.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 increased to 224,750.
This was higher than the consensus forecast.
Posted by Calculated Risk on 2/07/2019 08:34:00 AM