Initial Jobless Claims

Initial Jobless Claims, which measures individuals filing for unemployment benefits for the first time, increased to 770,000 last week. Continuing Claims, or those that continue to receive benefits, was little changed at 4.12M. The Pandemic Unemployment Assistance Claims, which gives individuals benefits who would not usually qualify, decreased by 773k, while the Pandemic Emergency Claims, which extends claims after regular benefits expire, decreased by 640k - These figures are volatile.