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progree

(11,971 posts)
1. Continuing claims: 1,865k (Up 61k from previous week, previous week revised down 6k)
Thu Apr 20, 2023, 10:36 AM
Apr 2023

the highest level since November 27, 2021 (nearly 1 1/2 years ago)

https://www.dol.gov/ui/data.pdf

In last Thursday's report (4/13), continuing claims was reported as 1,810k
(1,810 + 61 - 6 = 1,865 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).

As reported in the OP:

Initial claims: 245,000, up by 5,000 from the previous week. The previous week was revised up 1,000

In last Thursday's report (4/13), initial claims was reported as 239,000
(239 + 5 + 1 = 245 v/ )

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