The number of Americans filling for unemployment benefits decreased by 3 thousand to 213 thousand in the week ending January 12 from the previous week’s unrevised level of 216 thousand. It was the second straight week of declines, bringing initial claims to the lowest level since the week ending December 8. It compares with market expectations of 220 thousand. According to unadjusted data, the largest declines were reported in New York (-23,318); Georgia (-5,010); Pennsylvania (-4,015) and Connecticut (-3,086) while the biggest increases were seen in California (+17,154); Texas (+6,726); Kentucky (+4,024) and Virginia (+2,469). Meanwhile, claims by federal workers rose by an unadjusted 5,694 to 10,454 in the week ended January 5, the second week of the shutdown, with Texas and California posting some of the largest increases. Initial Jobless Claims in the United States averaged 353.33 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 215.00 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 208.70 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
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-27 01:30 PM Initial Jobless Claims 216K 217K 217K 227K
2019-01-03 01:30 PM Initial Jobless Claims 231K 221K 220K
2019-01-10 01:30 PM Initial Jobless Claims 216K 233K 225K
2019-01-17 01:30 PM Initial Jobless Claims 213K 216K 220K 220K
2019-01-24 01:30 PM Initial Jobless Claims 213K
2019-01-31 01:30 PM Initial Jobless Claims
2019-02-07 01:30 PM Initial Jobless Claims



US Jobless Claims Unexpectedly Fall 2nd Week

The number of Americans filling for unemployment benefits decreased by 3 thousand to 213 thousand in the week ending January 12 from the previous week’s unrevised level of 216 thousand. It was the second straight week of declines, bringing initial claims to the lowest level since the week ending December 8. It compares with market expectations of 220 thousand.

The 4-week moving average was 220,750, a decrease of 1,000 from the previous week's unrevised average of 221,750.

According to unadjusted data, the largest declines were reported in New York (-23,318); Georgia (-5,010); Pennsylvania (-4,015) and Connecticut (-3,086) while the biggest increases were seen in California (+17,154); Texas (+6,726); Kentucky (+4,024) and Virginia (+2,469).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending January 5, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending January 5 was 1,737,000, an increase of 18,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 1,722,000 to 1,719,000. The 4-week moving average was 1,728,500, an increase of 8,000 from the previous week's revised average. The previous week's average was revised down by 750 from 1,721,250 to 1,720,500.

Initial claims for UI benefits filed by former Federal civilian employees rose by an unadjusted 5,694 to 10,454 in the week ended January 5, the second week of the shutdown, with Texas and California posting some of the largest increases.

There were 481 initial claims filed by newly discharged veterans, an increase of 154 from the preceding week. There were 13,498 former Federal civilian employees claiming UI benefits for the week ending December 29, an increase of 2,123 from the previous week. Newly discharged veterans claiming benefits totaled 6,593, an increase of 68 from the prior week.



DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
1/17/2019 3:04:01 PM



United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.70 10.80 2.50 percent [+]
Non Farm Payrolls 312.00 176.00 1115.00 -1967.00 Thousand [+]
Nonfarm Payrolls Private 301.00 173.00 1089.00 -821.00 Thousand [+]
Government Payrolls 11.00 3.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 32.00 27.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 213.00 216.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1737.00 1719.00 6635.00 988.00 Thousand [+]
ADP Employment Change 271.00 157.00 384.00 -836.00 Thousand [+]
Employed Persons 156945.00 156803.00 156945.00 57635.00 Thousand [+]
Unemployed Persons 6294.00 6018.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.40 0.20 0.60 -0.20 percent [+]
Average Weekly Hours 34.50 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 63.10 62.90 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.77 0.84 2.80 0.74 percent [+]
Youth Unemployment Rate 8.70 8.10 19.50 7.80 percent [+]
Labour Costs 109.05 108.81 109.60 17.00 Index Points [+]
Productivity 105.69 105.10 105.69 26.03 Index Points [+]
Job Vacancies 6540.00 7320.00 7320.00 2132.00 Thousand [+]
Job Offers 6888.00 7131.00 7293.00 2196.00 Thousand [+]
Challenger Job Cuts 43884.00 53073.00 248475.00 15100.00 Persons [+]
Wages 23.05 22.96 23.05 2.50 USD/Hour [+]
Wage Growth 4.60 4.79 13.78 -5.88 percent [+]
Wages in Manufacturing 21.91 21.80 21.91 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.60 1.60 0.20 percent [+]
Population 325.72 323.41 325.72 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 129913.00 129755.00 129913.00 64640.00 Thousand [+]
Part Time Employment 26994.00 27039.00 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 High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
213.00 216.00 695.00 162.00 1967 - 2019 Thousand Weekly
Volume, SA




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