The number of Americans filing for unemployment benefits declined to 900 thousand in the week ended January 16th, from the previous week's five-month high of 926 thousand and below market expectations of 910 thousand. Still, claims remained well above pre-pandemic levels and will likely remain elevated for some time as the number of COVID-19 infections continue to rise at record rates, prompting many US states to impose restrictive measures to respond to the outbreak. On a non-seasonally adjusted basis, the number of claims fell to 961 thousand, compared with 1.11 million in the previous week. Also, about 424 thousand people applied for help from the Pandemic Unemployment Assistance scheme, which covers workers that do not qualify for initial claims, compared with 285 thousand in the previous period. source: U.S. Department of Labor
Initial Jobless Claims in the United States averaged 371.68 Thousand from 1967 until 2021, 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 January of 2021.
Initial Jobless Claims in the United States is expected to be 600.00 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.