Thursday, December 4, 2014

Jobless claims average 303,000 weekly in November, not-seasonally-adjusted

That rate is the annual equivalent of 15.8 million claims.

Not-seasonally-adjusted claims have now totaled 14.494 million in 2014 through the end of November, or 302,000 weekly on average.

If that average prevails through December, total claims will come in at about 15.7 million for 2014, lower than ever achieved under George Bush's best years in 2006 and 2007 when claims totaled 16.2 million and 16.7 million respectively, and the lowest so far in this century.