Operational Updates

Advance weekly U.S. unemployment claims at 200,000; 4-week average lowest since January 2024

Interesting: 0/0 • Support: 0/0Log in to vote

Key takeaways

  • Advance seasonally adjusted initial claims (week ending Jan. 17): 200,000, up 1,000 from prior week.
  • 4-week moving average of initial claims: 201,500, down 3,750 and the lowest since Jan. 13, 2024.
  • Seasonally adjusted insured unemployment (week ending Jan. 10): 1,849,000 (insured unemployment rate 1.2%), down 26,000.
  • Unadjusted initial claims (week ending Jan. 17): 259,552, a decrease of 71,411 (−21.6%) from the previous week.
  • Total continued weeks claimed in all programs (week ending Jan. 3): 2,335,637, an increase of 117,116 from the prior week.
  • No state was "triggered on" for the Extended Benefits program during the week ending Jan. 3.
  • Largest state increases in initial claims (week ending Jan. 10): Texas (+8,707), California (+5,193), Michigan (+3,804). Largest decreases: New York (−4,572), Oregon (−3,507), Washington (−3,189).
  • Federal programs: initial claims by former federal civilian employees totaled 1,010 (up 364); newly discharged veterans initial claims totaled 426 (up 112).

Follow Up Questions

What is the difference between an "initial claim" and a "continued week claimed"?Expand

An "initial claim" is the first claim filed to request a determination of eligibility for unemployment benefits (a new spell of UI). A "continued week claimed" (or continuing claim) is a weekly certification filed after the initial claim for a week of unemployment to receive ongoing benefits; it counts people already in the program claiming benefits for additional weeks.

What does "seasonally adjusted" mean and why does the report present both adjusted and unadjusted figures?Expand

"Seasonally adjusted" data have had predictable seasonal effects (holidays, weather, school schedules, etc.) removed so week‑to‑week trends are clearer. The report shows both because seasonally adjusted figures reveal underlying trends while unadjusted (actual) figures show the raw counts and year‑ago comparisons and reflect real seasonal patterns.

How is the "insured unemployment rate" calculated and what does it represent?Expand

The insured unemployment rate equals the number of people claiming (insured) unemployment benefits divided by the number of workers covered by state UI ("covered employment"); it represents the share of the covered workforce currently receiving UI. (DOL reports use this rate to track insured unemployment and trigger programs.)

What does it mean for a state to be "triggered on" for the Extended Benefits (EB) program?Expand

A state is "triggered on" for Extended Benefits (EB) when its unemployment indicators exceed statutory trigger thresholds (commonly an insured‑unemployment or total‑unemployment rate threshold, and sometimes thresholds relative to the prior two years) for the reference period; when triggered on, a state becomes eligible to pay federally‑shared extended weeks to UI exhaustees.

What are the UCFE and UCX federal programs mentioned in the release?Expand

UCFE (Unemployment Compensation for Federal Employees) pays benefits to former federal civilian workers; UCX (Unemployment Compensation for Ex‑service members) pays benefits to newly discharged veterans/military personnel. They are federal programs administered through state UI systems for those groups.

Why is the 4-week moving average used alongside the weekly initial claims figure?Expand

The 4‑week moving average smooths weekly volatility by averaging four weeks of initial claims; it reduces noise from one‑week spikes (holidays, reporting quirks) and gives a better short‑term view of the trend than a single weekly reading.

Why are "advance" claims not directly comparable to the claims reported in prior weeks?Expand

"Advance" claims are preliminary weekly totals submitted quickly by states and subject to revision as more state reports arrive; prior weeks are often revised later, so advance claims may not match later revised figures and thus arent strictly comparable until revisions are finalized.

Comments

Only logged-in users can comment.
Loading…