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Free AccessInitial Claims Surprise Lower Again, Holding Particularly Low Levels
- Initial claims were lower than expected at a seasonally adjusted 202k (cons 210k) in the week to Jan 6 after a near unrevised 203k (initial 202k).
- It’s another very low print (the 2019 low was 197k) and leaves the four-week average at 208k for levels last sustainably seen in late 2022/early 2023.
- Continuing claims were also lower than expected at a seasonally adjusted 1834k (cons 1870k) in the week to Dec 30 after an upward revised 1868k (initial 1855k).
- They remain elevated compared to the 2019 average of 1699k – see charts.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.