Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progree

(11,813 posts)
7. Continuing claims up 4.0% from a year ago. From the source.
Thu Feb 6, 2025, 10:49 AM
Feb 6
https://www.dol.gov/ui/data.pdf

In the week ending February 1, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 11,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 207,000 to
208,000. The 4-week moving average was 216,750, an increase of 4,000 from the previous week's revised average. The
previous week's average was revised up by 250 from 212,500 to 212,750.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending January 25,
unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured
unemployment during the week ending January 25 was 1,886,000, an increase of 36,000 from the previous week's
revised level. The previous week's level was revised down by 8,000 from 1,858,000 to 1,850,000. The 4-week moving
average was 1,872,250, an increase of 2,250 from the previous week's revised average. The previous week's average was
revised down by 2,000 from 1,872,000 to 1,870,000.


Over the past year, seasonally adjusted insured unemployment, also known as continuing claims, increased from 1,813,000 to 1,886,000, an increase of 4.0%. This indicates that it's taking longer for the unemployed to find work.

There are graphs of both at the above link. As well as the non-seasonally adjusted versions.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Latest Discussions»Issue Forums»Economy»Jobless claims rise sligh...»Reply #7