Quick Look: Weekly Jobless Claims

28 Jul

Quick Take: Some improvement, but still not enough. One print does not a trend make. Last week was revised from 418k to 422k.

Initial Claims (SA): 398k, previous week adj. to 422k, 4 Wk Avg: 413.75k, previous week adjustment 422.25k

Continuing Claims (SA): 3.703M, previous week adj. 3.720M, 4 Wk Avg: 3.721M, previous week adjustment 3.726M

Weekly Employment Claims, Source: BLS - http://www.dol.gov/opa/media/press/eta/ui/current.htm

 

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