Weekly Initial Unemployment Claims Decrease to 224,000
The DOL reported: In the week ending March 22, the advance figure for seasonally adjusted initial claims was 224,000, a decrease of 1,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 223,000 to 225,000. The 4-week moving average was 224,000, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 1,750 from 227,000 to 228,750. 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 decreased to 224,000. The previous week was revised up. Weekly claims were close to 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 224,000.
The previous week was revised up.
Weekly claims were close to the consensus forecast.
In the week ending March 22, the advance figure for seasonally adjusted initial claims was 224,000, a decrease of 1,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 223,000 to 225,000. The 4-week moving average was 224,000, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 1,750 from 227,000 to 228,750.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 224,000.
The previous week was revised up.
Weekly claims were close to the consensus forecast.
