Blue Line 4 Week Average
The market was expecting 370,000 vs the 367,000 reported. The more important 4 week moving average is 375,000.
IIn the week ending September 29, the advance figure for seasonally adjusted initial claims was 367,000, an increase of 4,000 from the previous week’s revised figure of 363,000. The 4-week moving average was 375,000, unchanged from the previous week’s revised average.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending September 22, unchanged from the prior week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 22 was 3,281,000, unchanged from the preceding week’s revised level. The 4-week moving average was 3,285,250, a decrease of 12,750 from the preceding week’s revised average of 3,298,000.