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by Calculated Risk on 3/23/2023 08:33:00 AM
The DOL reported:
In the week ending March 18, the advance figure for seasonally adjusted initial claims was 191,000, a decrease of 1,000
from the previous week’s unrevised level of 192,000. The 4-week moving average was 196,250, a decrease of 250 from
the previous week’s unrevised average of 196,500.
emphasis added
from the previous week’s unrevised level of 192,000. The 4-week moving average was 196,250, a decrease of 250 from
the previous week’s unrevised average of 196,500.
emphasis added
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 196,250.
The previous week was unrevised.
Weekly claims were close to the consensus forecast.
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