775 thousand American workers are expected to have filed unemployment benefits during the week ending October 24th, compared to 787 thousand in the previous week. It would be the 2nd consecutive week with claims remaining below 800 thousand, the first time it happens since the coronavirus pandemic started. Meanwhile, continuing claims are projected to fall to 7.7 million from 8.37 million. Continuing claims have been falling consistently since reaching an all-time high of 24.91 million in May of 2020 but remain much above 1.7 million average reported before the pandemic. source: U.S. Department of Labor

Initial Jobless Claims in the United States averaged 369.68 Thousand from 1967 until 2020, 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 October of 2020.

Initial Jobless Claims in the United States is expected to be 650.00 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 350.00 in 12 months time. In the long-term, the United States Initial Jobless Claims is projected to trend around 300.00 Thousand in 2021 and 270.00 Thousand in 2022, according to our econometric models.

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United States Initial Jobless Claims

Actual Previous Highest Lowest Dates Unit Frequency
787.00 842.00 6867.00 162.00 1967 - 2020 Thousand Weekly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-01 12:30 PM 26/Sep 837K 873K 850K 855K
2020-10-08 12:30 PM 03/Oct 840K 849K 820K 840K
2020-10-15 12:30 PM 10/Oct 898K 845K 825K 845K
2020-10-22 12:30 PM 17/Oct 787K 842K 860K 915K
2020-10-29 12:30 PM 24/Oct 787K 775K 750K
2020-11-05 01:30 PM 31/Oct
2020-11-12 01:30 PM 07/Nov
2020-11-19 01:30 PM 14/Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Initial Jobless Claims Seen Falling to 775K
775 thousand American workers are expected to have filed unemployment benefits during the week ending October 24th, compared to 787 thousand in the previous week. It would be the 2nd consecutive week with claims remaining below 800 thousand, the first time it happens since the coronavirus pandemic started. Meanwhile, continuing claims are projected to fall to 7.7 million from 8.37 million. Continuing claims have been falling consistently since reaching an all-time high of 24.91 million in May of 2020 but remain much above 1.7 million average reported before the pandemic.
2020-10-29
US Weekly Jobless Claims Fall below 800K
The number of Americans filing for unemployment benefits declined to 787 thousand in the week ended October 17th, from the previous week's revised level of 842 thousand and below market expectations of 860 thousand. Most of the drop can be attributed to California, where the claims declined to 159 thousand following a 2-week pause to whittle down a massive backlog and improve fraud prevention. On a non-seasonally adjusted basis, the number of initial claims dropped to 757 thousand, from 830 thousand in the previous week. Also, more than 345 thousand people applied for help from the Pandemic Unemployment Assistance scheme, which covers workers that do not qualify for initial claims, compared with 337 thousand in the previous period.
2020-10-22
Initial Jobless Claims Seen at 860K
860 thousand American workers are expected to have filed unemployment benefits during the week ending October 17th, compared to almost two months high of 898 thousand in the previous week. It would be the 8th consecutive week with claims remaining elevated above 800 thousand, pointing to a slow labor market recovery. Meanwhile, continuing claims are projected to fall below 10 Million for the first time since March 28th, but still will remain much above 1.7 Million average reported before the pandemic.
2020-10-22
US Weekly Jobless Claims Jump to Near 2-Month High
The number of Americans filling for unemployment benefits rose by 898 thousand in the week ended October 10th, the highest level in almost two months and well above market expectations of 825 thousand. The unexpected increase in jobless claims added to concerns about the labor market recovery, a day after Treasury Secretary Steven Mnuchin said that getting a deal on coronavirus aid before the November election would be unlikely. On a non-seasonally adjusted basis, the number of initial claims rose to 886 thousand, from 809 thousand in the previous week. Also, more than 373 thousand people applied for help from the Pandemic Unemployment Assistance scheme, which covers workers that do not qualify for initial claims.
2020-10-15

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.