Chart of the day: jobless claims

At 8:30 EDT this morning, the Labor department released its jobless claims numbers. The numbers are not appreciably different than a week ago. But they are largely consistent with recession: 384,000 jobless claims and 3,139,000 continuing claims.

Year-on-year changes:

• 4-week Average jobless claims: +62,250 (at 378,250 claims)
• 4-week Average continuing claims: +592,500 (at 3,103,250 claims)

Below are the charts for the last year of jobless claims and continuing claims.

This post is part of my chart of the day series.