The number of Americans filling for unemployment benefits decreased by 13 thousand to 209 thousand in the week ended July 6th 2019 from the previous week’s revised level of 222 thousand and compared with market expectations of 223 thousand. This is the lowest level for initial claims since April 13th. It is the second straight weekly decline and the steepest since the week ended May 11th. According to unadjusted data, the biggest declines were recorded in California (-6,734); New Jersey (-6,023); Texas (-1,979) and Connecticut (-1,560) while the largest declines were seen in New York (+11,007); Michigan (+6,616); Kansas (+2,724) and Kentucky (+2,456). Initial Jobless Claims in the United States averaged 352.08 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 201.40 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 220.00 in 12 months time. In the long-term, the United States Initial Jobless Claims is projected to trend around 267.12 Thousand in 2020, according to our econometric models.

United States Initial Jobless Claims
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-06-20 12:30 PM Initial Jobless Claims 216K 222K 220K 225K
2019-06-27 12:30 PM Initial Jobless Claims 227K 217K 220K 222K
2019-07-03 12:30 PM Initial Jobless Claims 221K 229K 223K
2019-07-11 12:30 PM Initial Jobless Claims 209K 222K 223K 225K
2019-07-18 12:30 PM Initial Jobless Claims 209K 216K 211K
2019-07-25 12:30 PM Initial Jobless Claims 207K
2019-08-01 12:30 PM Initial Jobless Claims 207K



US Jobless Claims Lowest in Near 3 Months

The number of Americans filling for unemployment benefits decreased by 13 thousand to 209 thousand in the week ended July 6th 2019 from the previous week’s revised level of 222 thousand and compared with market expectations of 223 thousand. This is the lowest level for initial claims since April 13th. It is the second straight weekly decline and the steepest since the week ended May 11th.

The 4-week moving average was 219,250, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 222,250 to 222,500. 

According to unadjusted data, the biggest declines were recorded in California (-6,734); New Jersey (-6,023); Texas (-1,979) and Connecticut (-1,560) while the largest declines were seen in New York (+11,007); Michigan (+6,616); Kansas (+2,724) and Kentucky (+2,456).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 29, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending June 29 was 1,723,000, an increase of 27,000 from the previous week's revised level. The previous week's level was revised up 10,000 from 1,686,000 to 1,696,000. The 4-week moving average was 1,694,750, an increase of 5,750 from the previous week's revised average. The previous week's average was revised up by 2,500 from 1,686,500 to 1,689,000.


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
7/11/2019 12:50:35 PM



United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.60 10.80 2.50 percent [+]
Non Farm Payrolls 224.00 72.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private 191.00 83.00 1092.00 -1766.00 Thousand [+]
Government Payrolls 33.00 -11.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 17.00 3.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 209.00 222.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1723.00 1696.00 6635.00 988.00 Thousand [+]
ADP Employment Change 102.00 41.00 360.00 -706.00 Thousand [+]
Employed Persons 157005.00 156758.00 157005.00 57635.00 Thousand [+]
Unemployed Persons 5975.00 5888.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.80 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.87 0.80 4.40 0.08 percent [+]
Youth Unemployment Rate 8.10 8.50 19.50 7.80 percent [+]
Labour Costs 108.71 109.16 109.61 17.00 Index Points [+]
Productivity 106.96 106.06 106.96 26.02 Index Points [+]
Job Vacancies 7230.00 7739.00 7884.00 2157.00 Thousand [+]
Job Offers 7323.00 7372.00 7626.00 2264.00 Thousand [+]
Challenger Job Cuts 41977.00 58577.00 248475.00 15100.00 Persons [+]
Wages 23.43 23.39 23.43 2.50 USD/Hour [+]
Wages in Manufacturing 22.03 22.04 22.04 1.27 USD/Hour [+]
Wage Growth 3.59 3.56 13.78 -5.88 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.70 1.60 0.20 percent [+]
Population 327.17 325.15 327.17 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 130148.00 129695.00 130159.00 64640.00 Thousand [+]
Part Time Employment 26807.00 26981.00 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 Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
209.00 222.00 695.00 162.00 1967 - 2019 Thousand Weekly
Volume, SA




Related

Latest