360K people claimed for unemployment benefits in the latest week, less than an upwardly revised 386K in the previous period, and matching market expectations. It is a new pandemic low figure, although initial claims remain almost the double of the 200K levels before the coronavirus pandemic. The 4-week moving average which removes week-to-week volatility was 382.5K, a decrease of 14.5K from the previous week's revised average. Employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare. Many analysts expect labor shortages to ease by the fall, with schools set to reopen to alleviate child care concerns and unemployment benefits set to expire in all states in September. source: U.S. Department of Labor

Initial Jobless Claims in the United States averaged 371.80 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 July of 2021.

Initial Jobless Claims in the United States is expected to be 350.00 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 300.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
360.00 386.00 6149.00 162.00 1967 - 2021 Thousand Weekly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-24 12:30 PM 19/Jun 411K 418K 380K 360K
2021-07-01 12:30 PM 26/Jun 364K 415K 390K 370K
2021-07-08 12:30 PM 03/Jul 373K 371K 350K 320K
2021-07-15 12:30 PM 10/Jul 360K 386K 360K 368K
2021-07-22 12:30 PM 17/Jul 360K 350K 340K
2021-07-29 12:30 PM 24/Jul
2021-08-05 12:30 PM 31/Jul
2021-08-12 12:30 PM 07/Aug


News Stream
Initial Claims Fall to New Pandemic Low
360K people claimed for unemployment benefits in the latest week, less than an upwardly revised 386K in the previous period, and matching market expectations. It is a new pandemic low figure, although initial claims remain almost the double of the 200K levels before the coronavirus pandemic. The 4-week moving average which removes week-to-week volatility was 382.5K, a decrease of 14.5K from the previous week's revised average. Employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare. Many analysts expect labor shortages to ease by the fall, with schools set to reopen to alleviate child care concerns and unemployment benefits set to expire in all states in September.
2021-07-15
Initial Jobless Claims Seen Falling to 360K
360K people are expected to have claimed for unemployment benefits in the latest week, slightly less than 373K in the previous week. That would be a new pandemic low figure, although initial claims remain almost the double of the 200K levels before the coronavirus pandemic. Also, employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare. Many analysts expect labor shortages to ease by the fall, with schools set to reopen to alleviate child care concerns and unemployment benefits set to expire in all states in September. Continuing claims are expected to fall to 3.313 million from 3.339 million.
2021-07-15
Initial Jobless Claims Unexpectedly Rise
373K people claimed for unemployment benefits in the latest week, above market forecasts of 350K and slightly higher than an upwardly revised 371K in the previous week signaling the labour market recovery remains far from complete. Still, with the initial claims remaining almost double the 200K level before the coronavirus pandemic hit, employers have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare.
2021-07-08
Initial Jobless Claims Seen at 350K
350K people are expected to have claimed for unemployment benefits in the latest week, slightly less than 364K in the previous week, and pointing to a continuing labour market recovery. That would be a new pandemic low figure, although initial claims remain almost the double of the 200K levels before the coronavirus pandemic. Also, employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare. Continuing claims are expected to fall to 3.335 million from 3.469 million.
2021-07-08

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.