Send Article via Email

- Claims 350k vs 360k Consensus
- 4-week average lowest since March 2008
- Labor dept says Claims estimated in 19 states due to holiday

In the week ending December 22, the advance figure for seasonally adjusted initial claims was 350,000, a decrease of 12,000 from the previous week's revised figure of 362,000. The 4-week moving average was 356,750, a decrease of 11,250 from the previous week's revised average of 368,000.

The advance seasonally adjusted insured unemployment rate was 2.5 percent for the week ending December 15, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 15 was 3,206,000, a decrease of 32,000 from the preceding week's revised level of 3,238,000. The 4-week moving average was 3,219,000, a decrease of 24,750 from the preceding week's revised average of 3,243,750.

More from MND:

• MBS Commentary: MBS RECAP: Apocalyptic Catalogue of Reprice Alerts
• Mortgage Rate Watch: Mortgage Rates Annihilated; Brief History of All-Time Lows
• MBS Commentary: MBS SPECIAL ALERT: Bernanke Confirms Stabled Stallion
• MBS Commentary: Differences Between Past and Current FOMC Statements
• MBS Commentary: MBS MID-DAY: Yesterday's Gains Erased Ahead of Fed

If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.