Business Insider’s email forecasts 365,000. So does Reuters.
The report will be released at 8:30.
SEASONALLY ADJUSTED DATA
In the week ending August 18, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 4,000 from the previous week’s revised figure of 368,000. The 4-week moving average was 368,000, an increase of 3,750 from the previous week’s revised average of 364,250.
The advance number of actual initial claims under state programs, unadjusted, totaled 310,121 in the week ending August 18, a decrease of 7,320 from the previous week. There were 344,870 initial claims in the comparable week in 2011.
The current week’s seasonal adjustment factor or 83.4 is the same as last year’s comparable week.
The numbers suggest a nationwide labor market which is barely improving at best, and more than likely going nowhere.
Ohio’s initial claims for the previous week ended August 11 were higher than the same week during 2011.