While this was a decline from the previous week, analysts expected that there would be fewer layoffs due to the falling number of COVID cases.
Unemployment Insurance Weekly Claims
Initial claims were 793,000 for the week ending 2/6 (-19,000).
Insured unemployment was 4,545,000 for the week ending 1/30 (-145,000).https://t.co/ys7Eg5LKAW
— US Labor Department (@USDOL) February 11, 2021