Initial jobless claims for the January 30th week were well above expectations at 480,000 on predictions of 455,000.
Long term unemployment in the January 15th week. Continuing claims 4.6 million, emergency claims 5.6322 million, extended claims 0.2228 million, total 10.455 million. Previous week was 10.2718 million and one week prior was the highest so far at 10.5265 million. The total number of people receiving some type of extended government unemployment benefits has averaged more than 10 million each week since the beginning of the fourth quarter.
Long term unemployment in the January 15th week. Continuing claims 4.6 million, emergency claims 5.6322 million, extended claims 0.2228 million, total 10.455 million. Previous week was 10.2718 million and one week prior was the highest so far at 10.5265 million. The total number of people receiving some type of extended government unemployment benefits has averaged more than 10 million each week since the beginning of the fourth quarter.
