Last weeks claims #: 1,427,000
4-Week Average of Claims: 1,503,750
Prior Weeks 4-Week Average: 1,621,250
13-Week Average of Claims: 2,961,923
Prior Weeks 13-Week Average: 3,380,385
Comments: Weekly claims came in lower week over week at 1,427,000 on Thursday. Both the 4-week and 13-week moving averages of claims dropped in tandem for the first time in a long time. For the 4-week avg to rise next week, we would need to see the weekly number come in above 1,566,000 which seems more likely than in previous weeks.