The number of Americans filling for unemployment benefits increased by 2 thousand to 216 thousand in the week ending November 10 from the previous week's unrevised level of 214 thousand while markets had expected a drop to 212 thousand. However, the Veterans Day holiday was observed on Monday which could have influenced the data. Claims for North Carolina continued to be affected by Hurricane Florence while in Florida and Georgia they were impacted by Hurricane Michael. According to unadjusted data, the biggest rises in claims were seen in California (+3,735), New York (+3,682), New Jersey (+2,801) and Minnesota (+2,154) while the largest declines were registered in Michigan (-3,913), North Carolina (-1,670) and Texas (-1,246). New applications for US unemployment aid also went up in Georgia (+807) but they fell in Florida (-337). Initial Jobless Claims in the United States averaged 353.76 Thousand from 1967 until 2018, reaching an all time high of 695 Thousand in October of 1982 and a record low of 162 Thousand in November of 1968.

United States Initial Jobless Claims
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US Jobless Claims Unexpectedly Rise to 216K


The number of Americans filling for unemployment benefits rose by 2 thousand to 216 thousand in the week ending November 10 from the previous week's unrevised level of 214 thousand while markets had expected a drop to 212 thousand. However, the Veterans Day holiday was observed on Monday which could have influenced the data. Claims for North Carolina continued to be affected by Hurricane Florence while in Florida and Georgia they were impacted by Hurricane Michael.

The 4-week moving average was 215,250, an increase of 1,500 from the previous week's unrevised average of 213,750. 

According to unadjusted data, the biggest rises in claims were seen in California (+3,735), New York (+3,682), New Jersey (+2,801) and Minnesota (+2,154) while the largest declines were registered in Michigan (-3,913), North Carolina (-1,670) and Texas (-1,246). New applications for US unemployment aid also went up in Georgia (+807) but they fell in Florida (-337).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending November 3, an increase of 0.1 percentage point from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending November 3 was 1,676,000, an increase of 46,000 from the previous week's revised level. The previous week's level was revised up 7,000 from 1,623,000 to 1,630,000. Figures came above market forecasts of 1,630,000. The 4-week moving average was 1,643,750, an increase of 8,750 from the previous week's revised average. The previous week's average was revised up by 1,750 from 1,633,250 to 1,635,000. 


DOL | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
11/15/2018 2:04:46 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-11-01 12:30 PM Initial Jobless Claims 214K 216K 213K 214K
2018-11-08 01:30 PM Initial Jobless Claims 214K 215K 214K 213K
2018-11-15 01:30 PM Initial Jobless Claims 216K 214K 212K 215K
2018-11-21 01:30 PM Initial Jobless Claims 216K 215K 214K
2018-11-29 01:30 PM Initial Jobless Claims 214K
2018-12-06 01:30 PM Initial Jobless Claims 214K


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.70 10.80 2.50 percent [+]
Non Farm Payrolls 250.00 118.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 246.00 121.00 1089.00 -821.00 Thousand [+]
Government Payrolls 4.00 -3.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 32.00 18.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 216.00 214.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1676.00 1630.00 6635.00 988.00 Thousand [+]
ADP Employment Change 227.00 218.00 384.00 -836.00 Thousand [+]
Employed Persons 156562.00 155962.00 156562.00 57635.00 Thousand [+]
Unemployed Persons 6075.00 5964.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.50 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.84 0.85 2.80 0.74 percent [+]
Youth Unemployment Rate 8.30 8.50 19.50 7.80 percent [+]
Labour Costs 109.66 109.33 109.66 17.00 Index Points [+]
Productivity 105.67 105.10 105.67 26.03 Index Points [+]
Job Vacancies 7070.00 7291.00 7313.00 2132.00 Thousand [+]
Job Offers 7009.00 7293.00 7293.00 2196.00 Thousand [+]
Challenger Job Cuts 75644.00 55285.00 248475.00 15100.00 Persons [+]
Wages 22.89 22.82 22.89 2.50 USD/Hour [+]
Wage Growth 4.79 4.66 13.78 -5.88 percent [+]
Wages in Manufacturing 21.68 21.62 21.68 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 60.40 64.70 55.00 percent [+]
Full Time Employment 129212.00 128894.00 129212.00 64640.00 Thousand [+]
Part Time Employment 27297.00 27055.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
216.00 214.00 695.00 162.00 1967 - 2018 Thousand Weekly
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