by Calculated Risk on 2/13/2014 09:20:00 AM
Thursday, February 13, 2014
Weekly Initial Unemployment Claims increase to 339,000
The DOL reports:
In the week ending February 8, the advance figure for seasonally adjusted initial claims was 339,000, an increase of 8,000 from the previous week's unrevised figure of 331,000. The 4-week moving average was 336,750, an increase of 3,500 from the previous week's revised average of 333,250.The previous week was unrevised.
The following graph shows the 4-week moving average of weekly claims since January 2000.
Click on graph for larger image.
The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims increased to 336,750.
This was the higher than the consensus forecast of 330,000.