The number of Americans filing new claims for unemployment benefits fell to 411 thousand in the week ending June 19th, from a revised 418 thousand in the previous period and compared with market expectations of 380 thousand. The total number of claimants remained close to the pandemic lows reached earlier this month, as broader business reopenings boosted economic activity and demand for labor. However, employers across the country have been complaining about the difficulty to hire, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare. Meanwhile, this week's report will reflect the first survey period following the early phase-out of federal enhanced unemployment benefits across many states. On June 12th, Alaska, Iowa, Missouri and Mississippi became the first states to reduce federal support ahead of the official September expiration date. source: U.S. Department of Labor
Initial Jobless Claims in the United States averaged 371.79 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 June of 2021.
Initial Jobless Claims in the United States is expected to be 400.00 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.