[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Neil Sethi [@neilksethi](/creator/twitter/neilksethi) on x 12.4K followers Created: 2025-07-17 12:36:47 UTC Initial jobless claims (SA) continue to remain tame in wk through July 12th edging back another -7k to 221k now down -29k from the highest level since October hit four weeks ago, overall remaining in the range over the past yr, just +34k above the 50-yr lows in Oct '23 (187k). Four-wk moving avg edges -6k to 230k (-4k y/y), down -15k from the highest since Aug ‘23 from three weeks ago. This is consistent with the note X weeks ago that there have been modest moves higher in initial claims in early summer the past two years which eventually subsided. Continuing claims (SA) in wk through July 5th (1-wk lagged) though remained the highest since Nov ‘21 at 1.956mn +2k w/w (after a -12k revision to the prior week), remaining over the 1.8-1.9mn range it had been in since June for a 6th week. The 4wk moving avg up +5k to 1.958mn, also the highest since Nov ‘21, +100k y/y, evidencing that while layoffs have remained very low, workers are having a little harder time finding a new job. The 20yr pre-pandemic avg for initial claims is 345k & continuing claims ~2.9mn.  XXXXX engagements  **Related Topics** [avg](/topic/avg) [Post Link](https://x.com/neilksethi/status/1945825006904332349)
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Neil Sethi @neilksethi on x 12.4K followers
Created: 2025-07-17 12:36:47 UTC
Initial jobless claims (SA) continue to remain tame in wk through July 12th edging back another -7k to 221k now down -29k from the highest level since October hit four weeks ago, overall remaining in the range over the past yr, just +34k above the 50-yr lows in Oct '23 (187k). Four-wk moving avg edges -6k to 230k (-4k y/y), down -15k from the highest since Aug ‘23 from three weeks ago. This is consistent with the note X weeks ago that there have been modest moves higher in initial claims in early summer the past two years which eventually subsided.
Continuing claims (SA) in wk through July 5th (1-wk lagged) though remained the highest since Nov ‘21 at 1.956mn +2k w/w (after a -12k revision to the prior week), remaining over the 1.8-1.9mn range it had been in since June for a 6th week. The 4wk moving avg up +5k to 1.958mn, also the highest since Nov ‘21, +100k y/y, evidencing that while layoffs have remained very low, workers are having a little harder time finding a new job.
The 20yr pre-pandemic avg for initial claims is 345k & continuing claims ~2.9mn.
XXXXX engagements
Related Topics avg