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Businessweek Archives

Initial Unemployment Claims Thursday, Jan. 20, 8:30 A.M.


Business Outlook: THE WEEK AHEAD

INITIAL UNEMPLOYMENT CLAIMS Thursday, Jan. 20, 8:30 a.m.

New filings for state unemployment benefits likely stood at 325,000 in the week ended Jan. 15. Claims surged to 363,000 in the last week of 1993, but they had fallen to 293,000 in the week that included the Christmas holiday. On a four-week moving average, claims have stabilized at around 330,000. That pace, though, is much higher than in previous expansions and reflects the continued downsizing by some companies even as others start to add workers.


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