According to the US Department of Labor, in the week ending January 15, the advance figure for seasonally adjusted initial claims was 404,000, a decrease of 37,000 from the previous week’s revised figure of 441,000. The 4-week moving average was 411,750, a decrease of 4,000 from the previous week’s revised average of 415,750.

Advance Seasonally Adjusted Insured Unemployment Rate Remains Unchanged

The advance seasonally adjusted insured unemployment rate was 3.1% for the week ending January 8, unchanged from the prior week’s unrevised rate of 3.1%.

Advance Seasonally Adjusted Insured Unemployment Decreases

The advance number for seasonally adjusted insured unemployment during the week ending January 8 was 3,861,000, a decrease of 26,000 from the preceding week’s revised level of 3,887,000. The 4-week moving average was 4,006,250, a decrease of 52,250 from the preceding week’s revised average of 4,058,500.