The number of Americans filing new claims for unemployment benefits fell to 293 thousand in the week ending October 9th, the lowest level since the pandemic hit the US economy in March 2020 and well below market expectations of 319 thousand. The steady labor market recovery continued amid a rebound in demand for workers and a slowdown in firings, layoffs and separations. Still, there are signs many individuals remain on the sidelines of the labor force due to lingering concerns over the coronavirus, with the level of new claims remaining above the average weekly pace from before the virus in 2019 and September's labor force participation rate holding below its level from February 2020. source: U.S. Department of Labor

Initial Jobless Claims in the United States averaged 371.72 Thousand from 1967 until 2021, reaching an all time high of 6149 Thousand in April 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 2021.

Initial Jobless Claims in the United States is expected to be 300.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Initial Jobless Claims is projected to trend around 270.00 Thousand in 2022, according to our econometric models.

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United States Initial Jobless Claims


Calendar GMT Actual Previous Consensus TEForecast
2021-09-23 12:30 PM 18/Sep 351K 335K 320K 310K
2021-09-30 12:30 PM 25/Sep 362K 351K 335K 335K
2021-10-07 12:30 PM 02/Oct 326K 364K 348K 348K
2021-10-14 12:30 PM 09/Oct 293K 329K 319K 315K
2021-10-21 12:30 PM 16/Oct 293K 298K 295K
2021-10-28 12:30 PM 23/Oct
2021-11-04 12:30 PM 30/Oct
2021-11-10 01:30 PM 06/Nov


News Stream
US Weekly Jobless Claims Drop Below 300K
The number of Americans filing new claims for unemployment benefits fell to 293 thousand in the week ending October 9th, the lowest level since the pandemic hit the US economy in March 2020 and well below market expectations of 319 thousand. The steady labor market recovery continued amid a rebound in demand for workers and a slowdown in firings, layoffs and separations. Still, there are signs many individuals remain on the sidelines of the labor force due to lingering concerns over the coronavirus, with the level of new claims remaining above the average weekly pace from before the virus in 2019 and September's labor force participation rate holding below its level from February 2020.
2021-10-14
Initial Claims Seen Falling Towards Pandemic Low
Initial jobless claims likely dropped last week to 319 thousand, moving towards a pandemic low of 312 thousand reached in early September, as the steady labor market recovery continues amid a rebound in demand for workers and a slowdown in firings, layoffs and separations. Still, there are signs many individuals remain on the sidelines of the labor force due to lingering concerns over the coronavirus, with the level of new claims remaining well above the average weekly pace from before the virus in 2019 and September's labor force participation rate holding below its level from February 2020. Continuing claims, which capture those still collecting benefits from regular state unemployment programs, likely dropped to a new pandemic low of 2.675 million at beginning of October.
2021-10-14
US Weekly Jobless Claims Drop More than Forecast
The number of Americans filing new claims for unemployment benefits fell to 326 thousand in the week ending October 2nd, from a seven-week high of 364 thousand in the previous period and below market expectations of 348 thousand. The number of claims moved towards a pandemic low of 312 thousand reached in early September, as the job market continued to show signs of recovery and as impacts related to Hurricane Ida and the Delta variant's summer spike started to fade. On a non-seasonally adjusted basis, notable decreases in claims levels were recorded in California (down 10.5 thousand), District of Columbia (down 4.0 thousand), Michigan (down 3.2 thousand), and Texas (down 3.1 thousand).
2021-10-07
US Jobless Claims Seen Falling from 7-Week High
Initial jobless claims likely dropped last week to 348 thousand, down from a seven-week high of 362 thousand hit the week before and remaining above a pandemic low of 312 thousand reached in early September. A recent increase in the number of new claims was seen due to impacts related to Hurricane Ida and the Delta variant's summer spike. Still, the job market has been showing signs of recovery amid companies' efforts to fill widespread vacancies and as more workers go back into the labor force due to the end of federal enhanced unemployment benefits. Meanwhile, continuing claims likely dropped to 2.78 million.
2021-10-07

United States Last Unit Reference Previous Highest Lowest
Initial Jobless Claims 293.00 Thousand Oct/21 329.00 6149.00 162.00
Continuing Jobless Claims 2593.00 Thousand Oct/21 2727.00 23128.00 988.00
Pandemic Unemployment Assistance Claims 21.62 Thousand Oct/21 23.51 1352.29 14.79
Jobless Claims 4-week Average 334.25 Thousand Oct/21 344.75 5301.25 179.00


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.