by Calculated Risk on 6/20/2019 08:32:00 AM
Thursday, June 20, 2019
Weekly Initial Unemployment Claims decreased to 216,000
The DOL reported:
In the week ending June 15, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 6,000 from the previous week's unrevised level of 222,000. The 4-week moving average was 218,750, an increase of 1,000 from the previous week's unrevised average of 217,750.The previous week was unrevised.
emphasis added
The following graph shows the 4-week moving average of weekly claims since 1971.
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 218,750.
This was close to the consensus forecast.