Thursday, October 25, 2012

Unemployment claims for week ending October 20

According to the news release posted today:

In the week ending October 20, the advance figure for seasonally adjusted initial claims was 369,000, a decrease of 23,000 from the previous week's revised figure of 392,000.

In reality, this week's advance figure of 369,000 is represents a decrease of 19,000 from last week's advance figure.

Once again, here is the graph of weekly initial employment claims since Memorial Day this year:

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