Last weeks claims #: 3,283,000
4-Week Average of Claims: 998,250
Prior Weeks 4-Week Average: 232,500
13-Week Average of Claims: 454,154
Prior Weeks 13-Week Average: 218,385
Comments: Weekly claims exploded higher week over week at 3,283,000 on Thursday. The 4-week and 13-week moving averages also clearly moved higher in tandem for another week. For the 4-week avg to rise next week, we would merely need to see the weekly number come in above 217,000 (If there were ever a given in life, claims coming in at greater than 217,000 this week may be it).