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progree

(11,463 posts)
2. Unemployment insurance claims - including the revisions and comparison to last week's report
Thu May 11, 2023, 08:58 PM
May 2023

From the source: https://www.dol.gov/ui/data.pdf

Initial claims: 264,000, up by 22,000 from the previous week. The previous week was unrevised,

In last Thursday's report (5/4), initial claims was reported as 242,000
(242 + 22 = 264 v/ )

=========================================================

Continuing claims: 1,813k (Up 12k from previous week, previous week revised down 4k)

In last Thursday's report (5/4), continuing claims was reported as 1,805k
(1,805 +12 - 4 = 1,813 v/ )

Continuing claims is what the DOL report calls insured unemployment.

Unfortunately, the graphs at the above link show considerable growth in both initial and continuing claims since October. But still these are low levels historically (and the labor force is much larger than decades ago).

Latest Discussions»Issue Forums»Economy»US weekly jobless claims ...»Reply #2