Economic reports (thurs 20130404) – Jobless Claims

Jobless Claims: Released On 4/4/2013 8:30:00 AM For wk3/30, 2013

  • Highlights – Upward pivot for jobless claims is bad news for the unemployed. The March 23 week saw the sharpest weekly increase and the highest level of the year, both now exceeded by the March 30 week with initial claims up 28,000 to 385,000. The 4-week average also shows its largest increase and highest level of the year, up 11,250 to 354,250.
  • Weekly series fluctuate more dramatically than monthly series even when the series are adjusted for seasonal variation. The 4-week moving average gives a better perspective on the underlying trend. Data Source: Haver Analytics
  • 20130404_jobless_claims
  • Note – all credits to bloomberg.econoday.com

 

Prior

Prior Revised

Consensus

Consensus Range

Actual

New Claims – Level

357 K

357 K

350 K

339 K to 365 K

385 K

4-week Moving Average – Level

343.00 K

343.00 K

354.25 K

New Claims – Change

16 K

16 K

28 K

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