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ECON: Jobless Claims 298k vs 325k Forecast
Posted to: Micro News
Thursday, December 05, 2013 8:59 AM
- Previous week revised to 321k from 316k
- 4-week average fell to 322,250 from 333k
- Continued Claims 2.744 mln vs 2.82 mln forecast
- Continued claims lowest since Dec 2007
In the week ending November 30, the advance figure for seasonally adjusted initial claims was 298,000, a decrease of 23,000 from the previous week's revised figure of 321,000. The 4-week moving average was 322,250, a decrease of 10,750 from the previous week's revised average of 333,000.
The advance seasonally adjusted insured unemployment rate was 2.1 percent for the week ending November 23, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 23 was 2,744,000, a decrease of 21,000 from the preceding week's revised level of 2,765,000. The 4-week moving average was 2,796,500, a decrease of 32,500 from the preceding week's revised average of 2,829,000.
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