In the week ending January 30, the advance figure for seasonally adjusted initial claims was 779,000, a decrease of 33,000 from the previous week’s revised level. The previous week’s level was revised down by 35,000 from 847,000 to 812,000. The 4-week moving average was 848,250, a decrease of 1,250 from the previous week’s revised average. The previous week’s average was revised down by 18,500 from 868,000 to 849,500.
Chosen excerpts by Job Market Monitor. Read the whole story @ News Releases | U.S. Department of Labor