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US – Initial Claims
17/01/2025 09:17 am MYT
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The seasonally adjusted initial claims for the week ending 11 Jan 2025 was 217,000, an increase of 14,000 from the previous week. The 4-week moving average was 212,750, down by 750 from the previous week (figure 1).

Continuing jobless claims for the week ending 4 Jan 2025 registered a seasonally adjusted 1.859 mln, down by 18,000 from the previous week. The 4-week moving average fell by 1,250 from the previous week to 1.8667 mln.


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Note from Publisher
The catastrophic wildfires that have been ravaging Los Angeles in the past week are among the most destructive in California's history. While the fires have been exacerbated by drought conditions, low humidity, and strong wind, climate change certainly plays a part in causing the fires to reach catastrophic scale. With Donald Trump who says climate crisis is “one of the great scams” and promises to “drill, drill, drill” coming into office, wildfires and other climate change-related disasters are expected to jump in the US in the years to come. The US economy and Americans will pay a heavy price for not taking climate change seriously.

For the coming Chinese New Year, i Capital will pause its publication for two weeks, from the week beginning 27 Jan. Our Kuala Lumpur office will be closed from 12pm on 28 Jan to 2 Feb, during which www.icapital.biz will not be updated. Normal operating hours will resume on 3 Feb. The next issue, Volume 36, number 24 of i Capital, will be dated 13 - 19 Feb 2025.
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