Initial Jobless Claims, which measures individuals filing for unemployment benefits for the first time, fell 3,000 last week to 787,000. Also, keep in mind this encompasses New Years' week, and many may not have been filing for claims. Continuing Claims, or those that continue to receive benefits, fell by 126,000 to 5.072M. The Pandemic Unemployment Assistance Claims, which gives individuals benefits who would not usually qualify, dropped by 70,553 to 8.383M. Pandemic Emergency Claims, which extends claims by 13 weeks after regular benefits expire, decreased by 293,000. This is likely due to those benefits expiring.