by Calculated Risk on 1/13/2022 08:34:00 AM
The DOL reported:
The following graph shows the 4-week moving average of weekly claims since 1971.
The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims increased to 210,750.
The previous week was unrevised.
Weekly claims were above the consensus forecast, perhaps due to the current COVID wave.