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26 November 2016 Initial Unemployment Claims Rolling Average Insignificantly Declines
Thursday, December 1, 2016 7:03
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Weekly Initial Unemployment Claims
The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 250 K to 260 K (consensus 253,000), and the Department of Labor reported 268,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 251,000 (reported last week as 251,000) to 251,500. The rolling averages generally have been equal to or under 300,000 since August 2014.
Source: http://econintersect.com/pages/releases/release.php?post=201612010738
