Friday, January 2, 2025 from Floor Daily.

In the week ending December 27, the advance figure for seasonally adjusted initial claims was 199,000, a decrease of 16,000 from the previous week’s revised level, according to the Department of Labor.

The previous week’s level was revised up by 1,000 from 214,000 to 215,000. The four-week moving average was 218,750, an increase of 1,750 from the previous week’s revised average. The previous week’s average was revised up by 250 from 216,750 to 217,000.