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Initial Claims for Unemployment <br />Initial Claims For Unemployment October 09, 2020 - January 08, 2021 <br />25,000 <br />20,000 <br />N 15,000 <br />c <br />@ 8,472 <br />= 7,823 <br />r 10,000 <br />I <br />c <br />5,000 -1 <br />J842 797 <br />10�O 1p <br />,-76' <br />Source: US Department of Labor <br />7,222 6,798 6,370 <br />758 757 711 <br />16o 16j�%o 11` 0o <br />� Initial Jobless Claims <br />(Continuing Claims <br />6,089 5,527 5,781 5,507 5,322 5,198 5,072 5,271 <br />748 787 716 <br />11,1�j�o 11,E%0j/�O <br />862 892 806 <br />1�jOQ/'0 <br />1�j11/�O "o <br />782 784 965 <br />01,o1/�Z 01,o�j�1 <br />In the most recent week, the number of initial jobless claims increased to 965,000 compared to 784,000 in the prior week. The level of <br />continuing unemployment claims (where the data is lagged by one week) also increased to about 5.3 million from roughly 5.1 million in the <br />priorweek. Although continuing jobless claims are much lowerthan the peak of nearly 25 million last May, they remained well above the 2019 <br />average of 1.7 million. <br />6 QtJ <br />13 <br />