15September2012 Unemployment Claims: Remain Elevated

September 20th, 2012
in econ_news, syndication

Blue Line 4 Week Average

The market was expecting 375,000 vs the 382,000 reported.  The more important 4 week moving average is 377,750.

Follow up:

IIn the week ending September 15, the advance figure for seasonally adjusted initial claims was 382,000, a decrease of 3,000 from the previous week's revised figure of 385,000. The 4-week moving average was 377,750, an increase of 2,000 from the previous week's revised average of 375,750.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending September 8, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 8 was 3,272,000, a decrease of 32,000 from the preceding week's revised level of 3,304,000. The 4-week moving average was 3,309,750, a decrease of 12,000 from the preceding week's revised average of 3,321,750.

Weekly Initial Unemployment Claims - 4 Week Average - Seasonally Adjusted - 2010 (blue line), 2011 (red line), 2012 (green line)

Steven Hansen

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