US initial jobless claims 847K vs. 875K estimate

US initial jobless claims and continuing claims

  • initial jobless claims 847K vs. 875K estimate. Prior month 900K revised higher to 914K
  • four-week moving average 868K vs. 851.7 5K revised number from last week (previous 848K)
  • continuing claims 4771K vs. 5088K estimate. Prior month revised to 4974K from 5054K previously reported
  • 4 week moving average 4998K vs. 5104.75K (previously 5126.25K)
  • The largest increases in initial claims for the week ending January 16 were in Florida (+8,643), Maryland (+7,935),
    Kansas (+6,746), Ohio (+5,665), and Rhode Island (+2,998), 
  • the largest decreases were in California (-65,383),
    New York (-10,936), Texas (-9,170), Pennsylvania (-8,503), and Washington (-7,877). 
  • Initial claims for Pandemic unemployment assistance 426.85K vs. 447.32 8K last week
  • Continuing claims for pandemic unemployment assistance 7334.2K vs. 5707.4K last week. That is a big change of 1.626K from last week

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