The number of Americans filling for unemployment benefits eased to 2.123 million in the week ended May 23rd, the lowest level since the coronavirus crisis began more than two months ago. Still, filings came in slightly above market expectations of 2.1 million and lifted the total reported since March 21st to 40.7 million. On a non seasonally adjusted basis, the biggest increases in jobless claims were recorded in Virginia, Pennsylvania and Kentucky while the largest decreases were reported in Washington, Florida, California and New York. The 4-week moving average, which removes week-to-week volatility, eased for the fifth straight week to 2.608 million. Meanwhile, continuing jobless claims decreased by 3,860 to 21 million in the week ended May 16th from a record 24.9 million in the week ended May 9th. Figures beat market forecasts of 25.8 million and showed the first decrease in continuing claims since the coronavirus pandemic started in March.

Initial Jobless Claims in the United States averaged 363.08 Thousand from 1967 until 2020, reaching an all time high of 6867 Thousand in March 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 June of 2020. source: U.S. Department of Labor

Initial Jobless Claims in the United States is expected to be 220.00 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 237.91 in 12 months time. In the long-term, the United States Initial Jobless Claims is projected to trend around 267.12 Thousand in 2021, according to our econometric models.

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United States Initial Jobless Claims

Actual Previous Highest Lowest Dates Unit Frequency
2123.00 2446.00 6867.00 162.00 1967 - 2020 Thousand Weekly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-07 12:30 PM 02/May 3169K 3846K 3000K 3210K
2020-05-14 12:30 PM 09/May 2981K 3176K 2500K 2450K
2020-05-21 12:30 PM 16/May 2438K 2687K 2400K 2290K
2020-05-28 12:30 PM 23/May 2123K 2446K 2100K 2120K
2020-06-04 12:30 PM 30/May 2123K 1800K 1790K
2020-06-11 12:30 PM 06/Jun
2020-06-18 12:30 PM 13/Jun
2020-06-25 12:30 PM 20/Jun


News Stream
US Initial Jobless Claims Top 2.1M, Continuing Claims Fall
The number of Americans filling for unemployment benefits eased to 2.123 million in the week ended May 23rd, the lowest level since the coronavirus crisis began more than two months ago. Still, filings came in slightly above market expectations of 2.1 million and lifted the total reported since March 21st to 40.7 million. On a non seasonally adjusted basis, the biggest increases in jobless claims were recorded in Virginia, Pennsylvania and Kentucky while the largest decreases were reported in Washington, Florida, California and New York. The 4-week moving average, which removes week-to-week volatility, eased for the fifth straight week to 2.608 million. Meanwhile, continuing jobless claims decreased by 3,860 to 21 million in the week ended May 16th from a record 24.9 million in the week ended May 9th. Figures beat market forecasts of 25.8 million and showed the first decrease in continuing claims since the coronavirus pandemic started in March.
2020-05-28
Initial Jobless Claims Seen at 2.1 Million
2.1 million workers are expected to have filed unemployment claims during the week ending May 23rd, bringing total claims to near 41 million since March 21st when the coronavirus pandemic started in the US, near a quarter of the American work force. After hitting a record of 6.867 million in the week ending March 28th, the claims have been on a steady decline. Continuing claims, which lags initial jobless claims data by one week, will likely reach 25.5 million, breaking the prior week’s record of 25.07 million.
2020-05-28
US Initial Jobless Claims Top 2.4M
The number of Americans filling for unemployment benefits eased to 2.438 million in the week ended May 16th, the lowest level since the coronavirus crisis began more than two months ago. Still, filings came in slightly above market expectations of 2.4 million and lifted the total reported since March 21st to 38.6 million. On a non seasonally adjusted basis, the biggest increases in jobless claims were reported in California, New York, Florida, Georgia, Washington and Texas. The 4-week moving average, which removes week-to-week volatility, eased for a fourth straight week to 3.042 million, while continuing jobless claims hit a new record of 25 million in the week ended May 9th.
2020-05-21
Initial Claims in US Seen at 2.4 Million
2.4 million workers are expected to have filed unemployment claims during the week ended May 16th, bringing total claims to 38.9 million since March 21st when the pandemic started in the US. Yet, it would be again the smallest rise in initial claims since a record of 6.867 million in the week ended March 28th. Data for the prior week is expected to be revised down after Connecticut said it has misreported its figures. The number of Americans filling for unemployment benefits came in at 2.981 million in the week ended May 9th, the lowest level since the coronavirus crisis began two months ago.
2020-05-21

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.