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Initial claims travelin’ man edition: still below cautionary levels

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Initial claims travelin’ man edition: still below cautionary levels  – by New Deal democrat Initial claims were 250,000 last week. The 4 week average increased to 234,250. Continuing claims with a one week delay were 1.716 million. Most importantly, YoY the4 week moving average is up 9.5%: This is well below the 12.5% YoY increase necessary to trigger a new caution. Jobless claims: a good example of why my forecasting discipline demands a confirmed trend, Angry Bear, New Deal democrat Tags: Job Claims 2023

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Initial claims travelin’ man edition: still below cautionary levels

 – by New Deal democrat

Initial claims were 250,000 last week. The 4 week average increased to 234,250. Continuing claims with a one week delay were 1.716 million.

Most importantly, YoY the4 week moving average is up 9.5%:

Initial claims travelin’ man edition: still below cautionary levels

This is well below the 12.5% YoY increase necessary to trigger a new caution.

Jobless claims: a good example of why my forecasting discipline demands a confirmed trend, Angry Bear, New Deal democrat

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