Weekly Jobless Claims Tick Down
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States reported that 205,000 workers filed for new unemployment benefits during the week ending Jan. 7, a decrease of 1,000 from the previous week's revised level. Weekly jobless claims are at their lowest level in four months. The number of workers continuing to claim unemployment benefits—1.63 million—is below pre-pandemic levels.
The labor market remains resilient, despite inflation-fighting efforts by the Federal Reserve intended to slow the economy, a stream of layoff announcements and a slow reduction in job openings. Layoffs overall are down and have primarily been contained in sectors impacted by higher interest rates or diminished demand, including technology, housing and finance.
Members may download one copy of our sample forms and templates for your personal use within your organization. Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organization’s culture, industry, and practices. Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRM’s permission. To request permission for specific items, click on the “reuse permissions” button on the page where you find the item.
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