Initial Claims (Jan. 27)

Initial Claims increased to 454,000, for the week ending 01/22, the highest level recorded since late October 2010, against the expected marginal increase to 404,000, after decreasing to 403,000, the revised level for the previous week. The 4-week moving average decreased to 428,750, from the previous week’s revised average of 413,000. Seasonally adjusted insured unemployment from the prior week, ending on 01/15, was 3,991,000, an increase of 94,000 from the preceding week’s revised level of 3,897,000. Seasonally adjusted insured unemployment rate from the week ending on 01/15, was 3.2%, an increase of 0.1% from the prior week’s unrevised figure of 3.1%.

About Zacks Investment Research 1767 Articles

Zacks Investment Research is one of the most highly regarded firms in the investment industry. In 1978 Zacks originated the concept of utilizing earnings estimates revisions to make profitable investment decisions. Zacks offers multiple investment products and services to help investors achieve superior returns.


Be the first to comment

Leave a Reply

Your email address will not be published.