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04 March 2017 Initial Unemployment Claims Rolling Average Marginally Worsens
Thursday, March 9, 2017 7:01
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The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 234 K to 240 K (consensus 238,000), and the Department of Labor reported 243,000 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 234,250 (reported last week as 234,250) to 236,500. The rolling averages generally have been equal to or under 300,000 since August 2014.
Source: http://econintersect.com/pages/releases/release.php?post=201703090736
