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Weekly Initial Unemployment Claims Decrease to 213,000
The DOL reported: In the week ending February 8, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 7,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 219,000 to 220,000. The 4-week moving average was 216,000, a decrease of 1,000 from the previous week's revised average. The previous week's average was revised up by 250 from 216,750 to 217,000. 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 decreased to 216,000. The previous week was revised up. Weekly claims were below the consensus forecast.
The DOL reported:
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 216,000.
The previous week was revised up.
Weekly claims were below the consensus forecast.
In the week ending February 8, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 7,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 219,000 to 220,000. The 4-week moving average was 216,000, a decrease of 1,000 from the previous week's revised average. The previous week's average was revised up by 250 from 216,750 to 217,000.The following graph shows the 4-week moving average of weekly claims since 1971.
emphasis added
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 216,000.
The previous week was revised up.
Weekly claims were below the consensus forecast.
