Weekly Initial Unemployment Claims increase to 362,000

Weekly Initial Unemployment Claims increase to 362,000

from Calculated Risk by Bill McBride

The DOL reports:

In the week ending February 16, the advance figure for seasonally adjusted initial claims was 362,000, an increase of 20,000 from the previous week's revised figure of 342,000. The 4-week moving average was 360,750, an increase of 8,000 from the previous week's revised average of 352,750.

The previous week was revised up from 341,000.http://www.calculatedriskblog.com/2013/02/weekly-initial-unemployment-claims_21.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29