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.