The number of Americans filing for unemployment benefits decreased to 787 thousand in the week ended January 2nd, from an upwardly revised 790 thousand in the previous week and compared with market expectations of 800 thousand. Still, claims remained well above pre-pandemic levels and will likely remain elevated for some time as the number of COVID-19 infections continue to rise at record pace, prompting many US states to impose restrictive measures to respond to the outbreak. On a non-seasonally adjusted basis, the number of claims rose to 922 thousand, compared with 845 thousand in the previous week. Also, about 161 thousand people applied for help from the Pandemic Unemployment Assistance scheme, which covers workers that do not qualify for initial claims, compared with 310 thousand in the previous period. source: U.S. Department of Labor

Initial Jobless Claims in the United States averaged 371.30 Thousand from 1967 until 2021, reaching an all time high of 6867 Thousand in March of 2020 and a record low of 162 Thousand in November of 1968. 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 - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Initial Jobless Claims in the United States is expected to be 600.00 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 300.00 in 12 months time. In the long-term, the United States Initial Jobless Claims is projected to trend around 270.00 Thousand in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United States Initial Jobless Claims

Actual Previous Highest Lowest Dates Unit Frequency
787.00 790.00 6867.00 162.00 1967 - 2021 Thousand Weekly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-17 01:30 PM 12/Dec 885K 862K 800K 815K
2020-12-23 01:30 PM 19/Dec 803K 892K 885K 905K
2020-12-31 01:30 PM 26/Dec 787K 806K 833K 815K
2021-01-07 01:30 PM 02/Jan 787K 790K 800K 755K
2021-01-14 01:30 PM 09/Jan 787K 795K 790K
2021-01-21 01:30 PM 16/Jan 750K
2021-01-28 01:30 PM 23/Jan 715K
2021-02-04 01:30 PM 30/Jan


News Stream
US Weekly Jobless Claims Remain Elevated
The number of Americans filing for unemployment benefits decreased to 787 thousand in the week ended January 2nd, from an upwardly revised 790 thousand in the previous week and compared with market expectations of 800 thousand. Still, claims remained well above pre-pandemic levels and will likely remain elevated for some time as the number of COVID-19 infections continue to rise at record pace, prompting many US states to impose restrictive measures to respond to the outbreak. On a non-seasonally adjusted basis, the number of claims rose to 922 thousand, compared with 845 thousand in the previous week. Also, about 161 thousand people applied for help from the Pandemic Unemployment Assistance scheme, which covers workers that do not qualify for initial claims, compared with 310 thousand in the previous period.
2021-01-07
US Weekly Jobless Claims Fall More Than Forecast
The number of Americans filing for unemployment benefits decreased to 787 thousand in the week ended December 26th, moving further away from a three-month high of 892 thousand hit in the week ended December 12th and compared with market expectations of 833 thousand. Still, claims remained well above the 200 thousand level reported back in February and will likely remain elevated for some time as the pandemic is far from controlled although vaccination has already started. On a non-seasonally adjusted basis, the number of claims was down to 841 thousand, compared with 873 thousand in the previous week. Also, about 308 thousand people applied for help from the Pandemic Unemployment Assistance scheme, which covers workers that do not qualify for initial claims, compared with 397 thousand in the previous period.
2020-12-31
US Weekly Jobless Claims Fall More Than Forecast
The number of Americans filing for unemployment benefits decreased to 803 thousand in the week ended December 19th, from the previous week's three-month high of 892 thousand and compared with market expectations of 885 thousand. Still, claims remained well above the 200 thousand level reported back in February and will likely remain elevated for some time as the pandemic is far from controlled although vaccination has already started. On a non-seasonally adjusted basis, the number of claims was down to 869 thousand, compared with 942 thousand in the previous week. Also, about 398 thousand people applied for help from the Pandemic Unemployment Assistance scheme, which covers workers that do not qualify for initial claims, compared with 454 thousand in the previous period.
2020-12-23
Initial Jobless Claims Seen Little Changed at 885K
Initial jobless claims are seen little changed at 885 thousand in the week ended December 19th, roughly the same as in the previous week and remaining at a 3-month high, as rising COVID-19 cases and new lockdowns across the country continue to threaten the labor market recovery. Claims are far from the 200 thousand level reported back in February and will likely remain elevated for some time as the pandemic is far from controlled although vaccination has already started. Meanwhile, continuing claims are forecast to rise to 5.558 million in the December 12th week.
2020-12-23

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.