United States Initial Jobless Claims

The number of Americans filling for unemployment benefits decreased by 1 thousand to 211 thousand in the week ended May 18th 2019 from the previous week’s unrevised level of 212 thousand and compared with market expectations of 215 thousand. According to unadjusted data, the largest declines were seen California (-1,662); Illinois (-1,351) and Georgia (-1,014) while the biggest rises were registered in Ohio (+4,228); Pennsylvania (+1,012) and Texas (+855). Initial Jobless Claims in the United States averaged 352.42 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 208.70 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 216.00 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-05-02	12:30 PM	Initial Jobless Claims	230K	230K	215K
2019-05-09	12:30 PM	Initial Jobless Claims	228K	230K	220K	225K
2019-05-16	12:30 PM	Initial Jobless Claims	212K	228K	220K
2019-05-23	12:30 PM	Initial Jobless Claims	211K	212K	215K	219K
2019-05-30	12:30 PM	Initial Jobless Claims		211K
2019-06-06	12:30 PM	Initial Jobless Claims
2019-06-13	12:30 PM	Initial Jobless Claims

US Jobless Claims Fall in Latest Week

The number of Americans filling for unemployment benefits decreased by 1 thousand to 211 thousand in the week ended May 18th 2019 from the previous week’s unrevised level of 212 thousand and compared with market expectations of 215 thousand.

The 4-week moving average was 220,250, a decrease of 4,750 from the previous week's unrevised average of 225,000.

According to unadjusted data, the largest declines were seen California (-1,662); Illinois (-1,351) and Georgia (-1,014) while the biggest rises were registered in Ohio (+4,228); Pennsylvania (+1,012) and Texas (+855).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending May 11, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending May 11 was 1,676,000, an increase of 12,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 1,660,000 to 1,664,000. The 4-week moving average was 1,674,250, an increase of 5,500 from the previous week's revised average. The previous week's average was revised up by 500 from 1,668,250 to 1,668,750.

DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
5/23/2019 12:38:18 PM

News

US Jobless Claims at 1-Month Low in Latest Week
The number of Americans filling for unemployment fell by 16 thousand to 212 thousand in the week ending May 11th 2019 from the previous week's unrevised level of 228 thousand while markets had expected a smaller drop to 220 thousand. This is the lowest level for initial claims since the week ended April 13th of 2019, as seasonal effects from the timing of Easter have faded.
Published on 2019-05-16

US Initial Jobless Claims Fall Less than Expected
The number of Americans filling for unemployment dropped by 2 thousand to 228 thousand in the week ending May 4th 2019 from the previous week's unrevised level of 230 thousand. It compares with market expectations of 220 thousand.
Published on 2019-05-09

US Jobless Claims Unchanged in Latest Week
The number of Americans filling for unemployment benefits came in at 230 thousand in the week ending April 27th 2019, the same as the week before and compared with market expectations of 215 thousand. Jobless claims stood at its highest level since February 9th 2019. The volatility in recent weeks has been attributed to Easter holidays as well as school spring breaks. Also, a workers’ strike at the Stop & Shop supermarket chain likely influenced the recent surge.
Published on 2019-05-02

US Jobless Claims at 10-Week High
The number of Americans filling for unemployment benefits increased by 37 thousand to 230 thousand in the week ended April 20th 2019 from the previous week’s revised level of 193 thousand and compared with market expectations of 200 thousand. Jobless claims hit the highest level since the week ended February 9h 2019.
Published on 2019-04-25

United States Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	3.60	3.80	10.80	2.50	percent	[+]
Non Farm Payrolls	263.00	189.00	1118.00	-1959.00	Thousand	[+]
Nonfarm Payrolls Private	236.00	179.00	1092.00	-811.00	Thousand	[+]
Government Payrolls	27.00	10.00	427.00	-260.00	Thousand	[+]
Manufacturing Payrolls	4.00	0.00	572.00	-519.00	Thousand	[+]
Initial Jobless Claims	211.00	212.00	695.00	162.00	Thousand	[+]
Continuing Jobless Claims	1676.00	1664.00	6635.00	988.00	Thousand	[+]
ADP Employment Change	275.00	151.00	360.00	-706.00	Thousand	[+]
Employed Persons	156645.00	156748.00	156949.00	57635.00	Thousand	[+]
Unemployed Persons	5824.00	6211.00	15352.00	1596.00	Thousand	[+]
Average Hourly Earnings	0.20	0.20	0.60	-0.20	percent	[+]
Average Weekly Hours	34.40	34.50	34.60	33.70	Hours	[+]
Labor Force Participation Rate	62.80	63.00	67.30	58.10	percent	[+]
Long Term Unemployment Rate	0.80	0.78	4.40	0.08	percent	[+]
Youth Unemployment Rate	8.30	8.80	19.50	7.80	percent	[+]
Labour Costs	109.69	109.94	109.94	17.00	Index Points	[+]
Productivity	106.99	106.06	106.99	26.02	Index Points	[+]
Job Vacancies	7343.00	6708.00	7484.00	2132.00	Thousand	[+]
Job Offers	7488.00	7142.00	7626.00	2264.00	Thousand	[+]
Challenger Job Cuts	40023.00	60587.00	248475.00	15100.00	Persons	[+]
Wages	23.31	23.24	23.31	2.50	USD/Hour	[+]
Wage Growth	4.19	4.22	13.78	-5.88	percent	[+]
Wages in Manufacturing	22.04	21.96	22.04	1.27	USD/Hour	[+]
Minimum Wages	7.25	7.25	7.25	0.25	USD/Hour	[+]
Employment Cost Index	0.70	0.70	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	129778.00	129969.00	130159.00	64640.00	Thousand	[+]
Part Time Employment	26915.00	26938.00	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 May of 2019.