Initial claims

In the week ending May 2, the advance figure for seasonally adjusted initial claims was 265,000, an increase of 3,000 from the previous week’s unrevised level of 262,000. The 4-week moving average was 279,500, a decrease of 4,250 from the previous week’s unrevised average of 283,750. This is the lowest level for this average since May 6, 2000 when it was 279,250.

There were no special factors impacting this week’s initial claims.

By | 2015-05-12T14:57:54+00:00 May 12th, 2015|Categories: Leading|0 Comments

About the Author:

Bryan Sanford is Vice President and Investment Officer of Charter Trust Company. He joined the firm in 2009 and is based in our Concord NH office. Mr. Sanford received his Bachelors of Science degree from the University of New Hampshire, Durham. Mr. Sanford has held the FINRA Series 7 license. Prior to joining Charter Trust, Mr. Sanford served in the United States Marine Corps as an infantryman. He participated in Operation Iraqi Freedom, touring in Fallujah, Iraq.

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