by Calculated Risk on 2/20/2020 08:32:00 AM
Thursday, February 20, 2020
The DOL reported:
In the week ending February 15, the advance figure for seasonally adjusted initial claims was 210,000, an increase of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 205,000 to 206,000. The 4-week moving average was 209,000, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 212,000 to 212,250.The previous week was revised up.
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 209,000.
This was close to the consensus forecast.
Posted by Calculated Risk on 2/20/2020 08:32:00 AM