Unemployment Claims Fall Slightly

In the week ending January 16, the advance figure for seasonally adjusted initial claims was 900,000, a decrease of 26,000 from the previous week’s revised level. The previous week’s level was revised down by 39,000 from 965,000 to 926,000 (DOL)

The advance seasonally adjusted insured unemployment rate was 3.6% for the week ending January 9, unchanged from the previous week. The advance number for seasonally adjusted insured unemployment during the week ending January 9 was 5,054,000, a decrease of 127,000 from the previous week’s revised level