Latest News

Weekly Initial Unemployment Claims decrease to 194,000


by Calculated Risk on 2/16/2023 08:30:00 AM

The DOL reported:

In the week ending February 11, the advance figure for seasonally adjusted initial claims was 194,000, a decrease of
1,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 196,000 to
195,000. The 4-week moving average was 189,500, an increase of 500 from the previous week’s revised average. The
previous week’s average was revised down by 250 from 189,250 to 189,000.
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 189,500.

The previous week was revised down.

Weekly claims were below the consensus forecast.

Thursday: Housing Starts, Unemployment Claims, PPI, Philly Fed Mfg, NY Fed Household Debt and Credit

Previous article

Cleantech Stock Solar Integrated Roofing (OTC: $SIRC) Announces Acquisition of AVCO Roofing – solar solutions to residential and commercial properties

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News