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25 March 2017 Initial Unemployment Claims Rolling Average Again Worsens
Thursday, March 30, 2017 6:19
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The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 243 K to 255 K (consensus 247,000), and the Department of Labor reported 258,000 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 246,500 (initially reported last week as 240,000 but the seasonal adjustment factors were revised) to 254,250. The rolling averages generally have been equal to or under 300,000 since August 2014.
Source: http://econintersect.com/pages/releases/release.php?post=201703300743
