21 August 2021 Initial Unemployment Claims Rolling Average Improves
Market expectations for weekly initial unemployment claims (from Econoday) were 325 K to 362 K (consensus 340 K), and the Department of Labor reported 353,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 378,000 (reported last week as 377,750) to 366,500
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