Thursday, December 05, 2019

Weekly Initial Unemployment Claims decrease to 203,000

by Calculated Risk on 12/05/2019 08:33:00 AM

The DOL reported:

In the week ending November 30, the advance figure for seasonally adjusted initial claims was 203,000, a decrease of 10,000 from the previous week's unrevised level of 213,000. The 4-week moving average was 217,750, a decrease of 2,000 from the previous week's unrevised average of 219,750.
emphasis added
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 217,750.

This was lower than the consensus forecast.