New Unemployment Insurance Claims for The Week of January 1, 2022

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on January 1, 2022:

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Predicted: 200,000

• Actual: 207,000

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The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

• Previous Week (revised): 200,000

• 4-Week Moving Average: 204,500

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From Today's Report

"...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending December 25, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 25 was 1,754,000, an increase of 36,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 1,716,000 to 1,718,000. The 4-week moving average was 1,798,750, a decrease of 61,250 from the previous week's revised average. This is the lowest level for this average since March 14, 2020 [the run-up to the COVID-19 pandemic in the USA] when it was 1,730,750. The previous week's average was revised up by 500 from 1,859,500 to 1,860,000..."

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• Click here to view the full Labor Department report

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