by Calculated Risk on 7/25/2019 08:34:00 AM
Thursday, July 25, 2019
The DOL reported:
In the week ending July 20, the advance figure for seasonally adjusted initial claims was 206,000, a decrease of 10,000 from the previous week's unrevised level of 216,000. The 4-week moving average was 213,000, a decrease of 5,750 from the previous week's unrevised average of 218,750.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 213,000.
This was lower than the consensus forecast.
Posted by Calculated Risk on 7/25/2019 08:34:00 AM