Tag Archives: initial claims

Despite 6+ month low in initial claims, yellow caution flag remains  – by New Deal democrat Last week the initial claims numbers justified restarting the yellow caution flag. This week initial jobless claims declined -13,000 to a 6+ month low of 216,000. The 4-week moving average declined -8,500 to 229,250. With a one-week lag, continuing claims declined 40,000 to 1.679 million: Since last year ago at this time also saw a steep decline, it...

Four week average of initial claims drops below “yellow flag” level, for now  – by New Deal democrat While GDP will get the lion’s share of attention today (and I’ll post on it later on), by and large it is a look in the rear view mirror. The more forward-looking data is weekly jobless claims. This week initial claims declined -16,000 last week to 230,000. The more important 4 week average declined -4,000 to 236,000. Continuing claims, with...