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.

United States Initial Jobless Claims
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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



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 [+]


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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
216.00 233.00 695.00 162.00 1967 - 2019 Thousand Weekly
Volume, SA




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