The number of Americans filling for unemployment benefits decreased by 9 thousand to 221 thousand in the week ending March 16th from the previous week’s revised level of 230 thousand and compared to market expectations of 225 thousand. According to unadjusted data, the largest declines were seen in Illinois (-3,500), Oregon (-3,036), Pennsylvania (-2,261), Texas (-1,063) and Washington (-1,000) while the biggest gains were registered in Oklahoma (+877), California (+763), Iowa (+313) and South Carolina (+208). Initial Jobless Claims in the United States averaged 352.91 Thousand from 1967 until 2019, reaching an all time high of 695 Thousand in October of 1982 and a record low of 162 Thousand in November of 1968.

Initial Jobless Claims in the United States is expected to be 215.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Initial Jobless Claims in the United States to stand at 208.70 in 12 months time. In the long-term, the United States Initial Jobless Claims is projected to trend around 267.12 Thousand in 2020, according to our econometric models.

United States Initial Jobless Claims
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-28 01:30 PM Initial Jobless Claims 225K 217K 220K 240K
2019-03-07 01:30 PM Initial Jobless Claims 223K 226K 225K 230K
2019-03-14 12:30 PM Initial Jobless Claims 229K 223K 225K 237K
2019-03-21 12:30 PM Initial Jobless Claims 221K 230K 225K 243K
2019-03-28 12:30 PM Initial Jobless Claims 221K 225K 230K
2019-04-04 12:30 PM Initial Jobless Claims
2019-04-11 12:30 PM Initial Jobless Claims 215K



US Jobless Claims Drop Below Forecasts

The number of Americans filling for unemployment benefits decreased by 9 thousand to 221 thousand in the week ending March 16th from the previous week’s revised level of 230 thousand and compared to market expectations of 225 thousand.

According to unadjusted data, the largest declines in initial jobless claims were seen in Illinois (-3,500), Oregon (-3,036), Pennsylvania (-2,261), Texas (-1,063) and Washington (-1,000) while the biggest gains were registered in Oklahoma (+877), California (+763), Iowa (+313) and South Carolina (+208).

The seasonally adjusted 4-week moving average was 225,000, an increase of 1,000 from the previous week's revised average of 224,000.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending March 9, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending March 9 was 1,750,000, a decrease of 27,000 from the previous week's revised level. The previous week's level was revised up 1,000 from 1,776,000 to 1,777,000. The 4-week moving average was 1,772,500, an increase of 6,000 from the previous week's revised average. The previous week's average was revised up by 250 from 1,766,250 to 1,766,500.


DOL | Joana Ferreira | joana.ferreira@tradingeconomics.com
3/21/2019 12:48:14 PM



United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 4.00 10.80 2.50 percent [+]
Non Farm Payrolls 20.00 311.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private 25.00 308.00 1092.00 -811.00 Thousand [+]
Government Payrolls -5.00 3.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 4.00 21.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 221.00 230.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1750.00 1777.00 6635.00 988.00 Thousand [+]
ADP Employment Change 183.00 300.00 360.00 -706.00 Thousand [+]
Employed Persons 156949.00 156694.00 156949.00 57635.00 Thousand [+]
Unemployed Persons 6235.00 6535.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.40 0.10 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 63.20 63.20 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.78 0.77 4.40 0.08 percent [+]
Youth Unemployment Rate 8.90 9.10 19.50 7.80 percent [+]
Labour Costs 109.78 109.25 109.78 17.00 Index Points [+]
Productivity 106.10 105.61 106.10 26.03 Index Points [+]
Job Vacancies 7484.00 6890.00 7484.00 2132.00 Thousand [+]
Job Offers 7581.00 7479.00 7626.00 2264.00 Thousand [+]
Challenger Job Cuts 76835.00 52988.00 248475.00 15100.00 Persons [+]
Wages 23.18 23.10 23.18 2.50 USD/Hour [+]
Wage Growth 4.16 4.52 13.78 -5.88 percent [+]
Wages in Manufacturing 21.89 21.86 21.91 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.80 1.60 0.20 percent [+]
Population 325.72 323.41 325.72 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 60.70 60.70 64.70 55.00 percent [+]
Full Time Employment 130159.00 129837.00 130159.00 64640.00 Thousand [+]
Part Time Employment 26878.00 26752.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2380.00 2270.00 2380.00 2160.00 USD/Month [+]
Living Wage Individual 1660.00 1560.00 1660.00 1450.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]


United States Initial Jobless Claims

Initial jobless claims have a big impact in financial markets because unlike continued claims data which measures the number of persons claiming unemployment benefits, Initial jobless claims measures new and emerging unemployment. This page provides the latest reported value for - United States Initial Jobless Claims - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Initial Jobless Claims - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
221.00 230.00 695.00 162.00 1967 - 2019 Thousand Weekly
Volume, SA




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