September 20, 2018

Here We Go Again: Initial Unemployment Claims Hit Another 49-Year Low

Filed under: Economy,Taxes & Government — Tom @ 7:54 pm

From the Department of Labor — After the hurricane wreckage clears a few weeks from now, it would seem that a seasonally adjusted drop below 200,000 is quite possible:

SEASONALLY ADJUSTED DATA

In the week ending September 15, the advance figure for seasonally adjusted initial claims was 201,000, a decrease of 3,000 from the previous week’s unrevised level of 204,000. This is the lowest level for initial claims since November 15, 1969 when it was 197,000. The 4-week moving average was 205,750, a decrease of 2,250 from the previous week’s unrevised average of 208,000. This is the lowest level for this average since December 6, 1969 when it was 204,500.

Share

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.