Economic Charts

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Friday, March 4, 2011

Initial Unemployment Claims

The initial unemployment claims was released Thursday looking better than expected.  Initial Unemployment claims measures the number of persons who filed for unemployment for the first time in the previous week.  The forecast called for 394k, but the actual headline came in at an improved 368k.  The previous weeks number of 391k was revised down to 388k.  This brings the 4 week moving average to 388k (unrevised) 410k (revised, but behind one week).

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