Initial Jobless Claims Declined by 3,000 in Last Week of December

Washington, DC, January 7, 2021-In the week ending January 2, the advance figure for seasonally adjusted initial claims was 787,000, a decrease of 3,000 from the previous week's revised level, according to the Department of Labor. 

The previous week's level was revised up by 3,000 from 787,000 to 790,000. The 4-week moving average was 818,750, a decrease of 18,750 from the previous week's revised average. The previous week's average was revised up by 750 from 836,750 to 837,500.

The advance seasonally adjusted insured unemployment rate was 3.5% for the week ending December 26, unchanged from the previous week's revised rate.