by Calculated Risk on 5/02/2019 08:32:00 AM
Thursday, May 02, 2019
The DOL reported:
In the week ending April 27, the advance figure for seasonally adjusted initial claims was 230,000, unchanged from the previous week's unrevised level of 230,000. The 4-week moving average was 212,500, an increase of 6,500 from the previous week's unrevised average of 206,000The 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 212,500.
This was well above the consensus forecast.
Posted by Calculated Risk on 5/02/2019 08:32:00 AM