New Unemployment Insurance Claims for The Week of October 8, 2016
Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on October 8, 2016:
Predicted: 254,000
Actual: 246,000
The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
From today's report:
Click here to view the full Labor Department report
Predicted: 254,000
Actual: 246,000
The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
- Last Week (revised): 246,000
- 4-Week Moving Average: 249,250
From today's report:
"...The 4-week moving average was 249,250, a decrease of 3,500 from the previous week's revised average. This is the lowest level for this average since November 3, 1973 when it was 244,000..."
"...There were no special factors impacting this week's initial claims. This marks 84 consecutive weeks of initial claims below 300,000, the longest streak since 1970..."
Click here to view the full Labor Department report
Labels: employment, jobs, unemployment
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posted by Steve Brown | 10/13/2016 10:13:00 AM
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