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![neilksethi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2252413050.png) Neil Sethi [@neilksethi](/creator/twitter/neilksethi) on x 12.5K followers
Created: 2025-07-24 13:10:41 UTC

Initial jobless claims (SA) continue to remain tame in wk through July 19th edging back another -4k to 217k now down -33k from the highest level since October hit five weeks ago, overall remaining in the range over the past yr, just +30k above the 50-yr lows in Oct '23 (187k). Four-wk moving avg edges -5k to 225k (-9k y/y), down -20k from the highest since Aug ‘23 from four 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 12th (1-wk lagged) though remained near the highest since Nov ‘21 at 1.955mn (highest was 1.964mn June 14th) +4k w/w (after a -5k revision to the prior week. The 4wk moving avg -2k to 1.954mn, also just off the highest since Nov ‘21, +96k 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.



![](https://pbs.twimg.com/media/GwoAaIyWMAAJnJy.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948370249876734265/c:line.svg)

**Related Topics**
[avg](/topic/avg)

[Post Link](https://x.com/neilksethi/status/1948370249876734265)

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neilksethi Avatar Neil Sethi @neilksethi on x 12.5K followers Created: 2025-07-24 13:10:41 UTC

Initial jobless claims (SA) continue to remain tame in wk through July 19th edging back another -4k to 217k now down -33k from the highest level since October hit five weeks ago, overall remaining in the range over the past yr, just +30k above the 50-yr lows in Oct '23 (187k). Four-wk moving avg edges -5k to 225k (-9k y/y), down -20k from the highest since Aug ‘23 from four 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 12th (1-wk lagged) though remained near the highest since Nov ‘21 at 1.955mn (highest was 1.964mn June 14th) +4k w/w (after a -5k revision to the prior week. The 4wk moving avg -2k to 1.954mn, also just off the highest since Nov ‘21, +96k 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

Engagements Line Chart

Related Topics avg

Post Link

post/tweet::1948370249876734265
/post/tweet::1948370249876734265