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Re: Zephyr post# 631195

Thursday, 02/27/2014 9:27:43 AM

Thursday, February 27, 2014 9:27:43 AM

Post# of 704570
Jobless Claims
Released On 2/27/2014 8:30:00 AM For wk2/22, 2014
Prior Prior Revised Consensus Consensus Range Actual
New Claims - Level 336 K 334 K 335 K 330 K to 345 K 348 K
4-week Moving Average - Level 338.50 K 338.25 K 338.25 K
New Claims - Change -3 K -6 K 14 K
Highlights
Jobless claims are not pointing to any improvement in the labor market with initial claims up 14,000 in the February 22 week to a 348,000 level that's just outside the high end of the Econoday consensus. The 4-week average is unchanged at 338,250 which is slightly higher than the month-ago trend in a reading that points to no improvement for the monthly employment report.

Continuing claims tell mostly the same story, up 8,000 in data for the February 15 week to 2.964 million. But the 4-week average, at 2.955 million, is a bit lower than the month-ago comparison. The unemployment rate for insured workers is unchanged for a second week at 2.3 percent. This rate has been at 2.2 or 2.3 percent since December.

There are no special factors in today's report which will not lift estimates for next week's employment report for February.


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