by Calculated Risk on 11/14/2019 08:36:00 AM
Thursday, November 14, 2019
The DOL reported:
In the week ending November 9, the advance figure for seasonally adjusted initial claims was 225,000, an increase of 14,000 from the previous week's unrevised level of 211,000. The 4-week moving average was 217,000, an increase of 1,750 from the previous week's unrevised average of 215,250.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 217,000.
This was above the consensus forecast.
Posted by Calculated Risk on 11/14/2019 08:36:00 AM