Latest News

Weekly Initial Unemployment Claims Increase to 207,000

0

The DOL reported:
In the week ending January 1, the advance figure for seasonally adjusted initial claims was 207,000, an increase of 7,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 198,000 to 200,000. The 4-week moving average was 204,500, an increase of 4,750 from the previous week’s revised average. The previous week’s average was revised up by 500 from 199,250 to 199,750.
emphasis addedThe 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 204,500.

The previous week was revised up.

Weekly claims were close to the consensus forecast.

Goldman December Payrolls Preview

Previous article

December Employment Report: 199 thousand Jobs, 3.9% Unemployment Rate

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News