Home -> Law Blog Directory -> Bailout Blogs -> Calculated Risk

Bailout

: Calculated Risk

Weekly Initial Unemployment Claims decrease to 404,000

By Anonymous

The DOL reports on weekly unemployment insurance claims:

In the week ending Jan. 15, the advance figure for seasonally adjusted initial claims was 404,000, a decrease of 37,000 from the previous week's revised figure of 441,000. The 4-week moving average was 411,750, a decrease of 4,000 from the previous week's revised average of 415,750.

Click on graph for larger image in new window.

This graph shows the 4-week moving average of weekly claims for the last 10 years. The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims decreased this week by 4,000 to 411,750.

This was lower than consensus expectations of a decline to 420,000. The sharp decline in the four week average over the last few months is good news.

Full post as published by Calculated Risk on January 20, 2011 (boomark / email).