United States Initial Jobless Claims

The number of Americans filling for unemployment benefits decreased by 17 thousand to 216 thousand in the week ending January 5 from the previous week’s revised level of 233 thousand and below market expectations of 225 thousand. According to unadjusted data, the largest declines were reported in New Jersey (-8,132); Ohio (-5,639); Michigan (-5,058); Massachusetts (-3,592) and Iowa (-3,171) while the biggest increases were seen in New York (+26,446); Georgia (+10,420); Texas (+3,657) and South Carolina (+3,331). Initial Jobless Claims in the United States averaged 353.38 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 230.00 in 12 months time. In the long-term, the United States Initial Jobless Claims is projected to trend around 240.00 Thousand in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-12-20	01:30 PM	Initial Jobless Claims	214K	206K	216K	226K
2018-12-27	01:30 PM	Initial Jobless Claims	216K	217K	217K	227K
2019-01-03	01:30 PM	Initial Jobless Claims	231K	221K	220K
2019-01-10	01:30 PM	Initial Jobless Claims	216K	233K	225K
2019-01-17	01:30 PM	Initial Jobless Claims		216K	220K	220K
2019-01-24	01:30 PM	Initial Jobless Claims
2019-01-31	01:30 PM	Initial Jobless Claims

US Jobless Claims Fall More than Expected

The number of Americans filling for unemployment benefits decreased by 17 thousand to 216 thousand in the week ending January 5 from the previous week’s revised level of 233 thousand and below market expectations of 225 thousand.

The 4-week moving average was 221,750, an increase of 2,500 from the previous week's revised average. The previous week's average was revised up by 500 from 218,750 to 219,250.

According to unadjusted data, the largest declines were reported in New Jersey (-8,132); Ohio (-5,639); Michigan (-5,058); Massachusetts (-3,592) and Iowa (-3,171) while the biggest increases were seen in New York (+26,446); Georgia (+10,420); Texas (+3,657) and South Carolina (+3,331).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending December 29, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending December 29 was 1,722,000, a decrease of 28,000 from the previous week's revised level. The previous week's level was revised up 10,000 from 1,740,000 to 1,750,000. The 4-week moving average was 1,721,250, an increase of 15,250 from the previous week's revised average. The previous week's average was revised up by 2,500 from 1,703,500 to 1,706,000.

DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
1/10/2019 1:53:38 PM

News

US Jobless Claims Rise More than Expected
The number of Americans filling for unemployment benefits increased by 10 thousand to 231 thousand in the week ending December 30 from the previous week’s revised level of 221 thousand and above market expectations of 220 thousand.
Published on 2019-01-03

US Jobless Claims Fall in Latest Week
The number of Americans filling for unemployment benefits decreased by 1 thousand to 216 thousand in the week ending December 22 from the previous week’s revised level of 217 thousand. It compares with market expectations of 217 thousand.
Published on 2018-12-27

US Jobless Claims Rise Less than Expected
The number of Americans filling for unemployment benefits increased by 8 thousand to 214 thousand in the week ending December 15 from the previous week's unrevised level of 206 thousand, which was the biggest decline in near 49 years. It compares with market expectations of a 10 thousand gain to 216 thousand.
Published on 2018-12-20

US Jobless Claims Drop to Near 49-Year Low
The number of Americans filling for unemployment benefits decreased by 27 thousand to a near 49-year low of 206 thousand in the week ending December 8 from the previous week's revised level of 233 thousand. Claims declined for the second straight week and by the most since April 2015. It compares with market expectations of a decline to 225 thousand.
Published on 2018-12-13

United States Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	3.90	3.70	10.80	2.50	percent	[+]
Non Farm Payrolls	312.00	176.00	1115.00	-1967.00	Thousand	[+]
Nonfarm Payrolls Private	301.00	173.00	1089.00	-821.00	Thousand	[+]
Government Payrolls	11.00	3.00	427.00	-260.00	Thousand	[+]
Manufacturing Payrolls	32.00	27.00	572.00	-519.00	Thousand	[+]
Initial Jobless Claims	216.00	233.00	695.00	162.00	Thousand	[+]
Continuing Jobless Claims	1722.00	1750.00	6635.00	988.00	Thousand	[+]
ADP Employment Change	271.00	157.00	384.00	-836.00	Thousand	[+]
Employed Persons	156945.00	156803.00	156945.00	57635.00	Thousand	[+]
Unemployed Persons	6294.00	6018.00	15352.00	1596.00	Thousand	[+]
Average Hourly Earnings	0.40	0.20	0.60	-0.20	percent	[+]
Average Weekly Hours	34.50	34.40	34.60	33.70	Hours	[+]
Labor Force Participation Rate	63.10	62.90	67.30	58.10	percent	[+]
Long Term Unemployment Rate	0.77	0.84	2.80	0.74	percent	[+]
Youth Unemployment Rate	8.70	8.10	19.50	7.80	percent	[+]
Labour Costs	109.05	108.81	109.60	17.00	Index Points	[+]
Productivity	105.69	105.10	105.69	26.03	Index Points	[+]
Job Vacancies	6540.00	7320.00	7320.00	2132.00	Thousand	[+]
Job Offers	6888.00	7131.00	7293.00	2196.00	Thousand	[+]
Challenger Job Cuts	43884.00	53073.00	248475.00	15100.00	Persons	[+]
Wages	23.05	22.96	23.05	2.50	USD/Hour	[+]
Wage Growth	4.60	4.79	13.78	-5.88	percent	[+]
Wages in Manufacturing	21.91	21.80	21.91	1.27	USD/Hour	[+]
Minimum Wages	7.25	7.25	7.25	0.25	USD/Hour	[+]
Employment Cost Index	0.80	0.60	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	60.60	60.60	64.70	55.00	percent	[+]
Full Time Employment	129913.00	129755.00	129913.00	64640.00	Thousand	[+]
Part Time Employment	26994.00	27039.00	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	[+]

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 January of 2019.