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01 April 2017 Initial Unemployment Claims Rolling Average Improves
Thursday, April 6, 2017 5:57
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The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 245 K to 254 K (consensus 250,000), and the Department of Labor reported 234,000 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 254,500 (reported last week as 254,250) to 250,000. The rolling averages generally have been equal to or under 300,000 since August 2014.
Source: http://econintersect.com/pages/releases/release.php?post=201704060736
