Weekly Unemployment Claims: Up 4K, As Forecast

Here is the opening statement from the Department of Labor:

In the week ending December 3, the advance figure for seasonally adjusted initial claims was 230,000, an increase of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 225,000 to 226,000. The 4week moving average was 230,000, an increase of 1,000 from the previous week's revised average. The previous week's average was revised up by 250 from 228,750 to 229,000.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending November 26, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 26 was 1,671,000, an increase of 62,000 from the previous week's revised level. The previous week's level was revised up 1,000 from 1,608,000 to 1,609,000. The 4-week moving average was 1,582,250, an increase of 43,250 from the previous week's revised average. The previous week's average was revised up by 250 from 1,538,750 to 1,539,000.

This morning's seasonally adjusted 230K new claims, up 4k from the previous week's revised figure, was at the Investing.com forecast.

Here is a close look at the data over the decade (with a callout for the past year), which gives a clearer sense of the overall trend.