The number of Americans filing new claims for unemployment benefits rose to 222 thousand in the week ending November 27th, from a five-decade low of 194 thousand in the previous period and below market expectations of 240 thousand. Still, the number of new claims came in near their pre-pandemic 2019 weekly average of about 220 thousand, reflecting the continued recovery in the US labor market. The 4-week moving average of claims, which removes week-to-week volatility, dropped to 238.75 thousand, a new pandemic low. On a non-seasonally adjusted basis, initial claims were down by 42 thousand to 212 thousand, with notable decreases being recorded in Virginia (-9.1 thousand), Texas (-6.0 thousand) and California (-4.6 thousand). source: U.S. Department of Labor

Initial Jobless Claims in the United States averaged 371.44 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 December of 2021.

Initial Jobless Claims in the United States is expected to be 250.00 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 and 220.00 Thousand in 2023, according to our econometric models.

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United States Initial Jobless Claims


Calendar GMT Actual Previous Consensus TEForecast
2021-11-24 01:30 PM 20/Nov 199K 270K 260K 264K
2021-12-02 01:30 PM 27/Nov 222K 194K 240K 245K
2021-12-09 01:30 PM 04/Dec 222K 225K


Related Last Previous Unit Reference
Initial Jobless Claims 222.00 194.00 Thousand Nov/21
Continuing Jobless Claims 1956.00 2063.00 Thousand Nov/21
Labour Costs 120.92 118.55 points Sep/21
Productivity 111.33 112.76 points Sep/21
Jobless Claims 4-week Average 238.75 251.00 Thousand Nov/21
Pandemic Unemployment Assistance Claims 1.41 1.62 Thousand Nov/21

News Stream
US Weekly Jobless Claims Rise Less than Forecast
The number of Americans filing new claims for unemployment benefits rose to 222 thousand in the week ending November 27th, from a five-decade low of 194 thousand in the previous period and below market expectations of 240 thousand. Still, the number of new claims came in near their pre-pandemic 2019 weekly average of about 220 thousand, reflecting the continued recovery in the US labor market. The 4-week moving average of claims, which removes week-to-week volatility, dropped to 238.75 thousand, a new pandemic low. On a non-seasonally adjusted basis, initial claims were down by 42 thousand to 212 thousand, with notable decreases being recorded in Virginia (-9.1 thousand), Texas (-6.0 thousand) and California (-4.6 thousand)
2021-12-02
US Weekly Jobless Claims Fall to 52-Year Low
The number of Americans filing new claims for unemployment benefits dropped to 199 thousand in the week ending November 20th, from a revised 270 thousand in the previous period and well below market expectations of 260 thousand. It was the lowest number since November 1969, amid strong demand for labor and ongoing economic rebound. The 4-week moving average of claims, which removes week-to-week volatility, dropped to 252.25 thousand, a new pandemic low. Still, the larger-than-expected drop may be explained by the way seasonal adjustment is calculated. On a non-seasonally adjusted basis, initial claims were up by 18 thousand to 259 thousand, with notable increases being recorded in Virginia (+17.7 thousand), Illinois (+4.6 thousand) and Michigan (+2.2 thousand) and declines being recorded in California (-6.6 thousand) and Kentucky (-3.9 thousand). The data could become noisy over the holiday season.
2021-11-24
Initial Claims Fall Less than Expected
The number of Americans filing new claims for unemployment benefits fell by 1K to 268K in the week ended November 13th, a new pandemic low, but less than market expectations of 260K as employers avoid layoffs and many workers quit. Claims are now approaching the 200K-250K range viewed as consistent with healthy labour market conditions but still, they remain above their 2019 weekly average of 218K. On a non-seasonally adjusted basis, claims fell the most in Kentucky (-8.7K), Tennessee (-4.1K), Ohio (-3.5K) and Michigan (-3.3) while it rose the most in California (6.4K), Pennsylvania (1.9K) and Minnesota (1.7K).
2021-11-18

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.