Posted on 11/04/2010 1:11:37 PM PDT by JustSurrounded
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA
In the week ending Oct. 30, the advance figure for seasonally adjusted initial claims was 457,000, an increase of 20,000 from the previous week's revised figure of 437,000. The 4-week moving average was 456,000, an increase of 2,000 from the previous week's revised average of 454,000.
(Excerpt) Read more at dol.gov ...
So, on 10/28, 434,000 new jobless claims represented a 21,000 drop. Today, 457,000 new jobless claims, up 20,000 from last week's revised number which was up 3,000 from the original report. I make that up 23,000?
I can only assume this was unexpected.
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