The number of Americans filing new claims for unemployment benefits dropped to 376 thousand in the week ending June 5th, the lowest level in nearly 15 months and compared with market expectations of 370 thousand, as the labor market continues to be supported by broader economic re-opening amid a steady decline in the number of daily COVID cases and the rapid pace of vaccinations. In addition, many states recently decided to withdraw from federal unemployment benefit programs as large and small businesses have been complaining about the difficulty to hire, saying the benefits pay more than most minimum wage jobs. source: U.S. Department of Labor

Initial Jobless Claims in the United States averaged 371.76 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.

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United States Initial Jobless Claims

Actual Previous Highest Lowest Dates Unit Frequency
376.00 385.00 6149.00 162.00 1967 - 2021 Thousand Weekly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-20 12:30 PM 15/May 444K 478K 450K 451K
2021-05-27 12:30 PM 22/May 406K 444K 425K 425K
2021-06-03 12:30 PM 29/May 385K 405K 390K 400K
2021-06-10 12:30 PM 05/Jun 376K 385K 370K 365K
2021-06-17 12:30 PM 12/Jun 376K 367K
2021-06-24 12:30 PM 19/Jun
2021-07-01 12:30 PM 26/Jun
2021-07-08 12:30 PM 03/Jul


News Stream
US Initial Jobless Claims Fall to Near 15-Month Low
The number of Americans filing new claims for unemployment benefits dropped to 376 thousand in the week ending June 5th, the lowest level in nearly 15 months and compared with market expectations of 370 thousand, as the labor market continues to be supported by broader economic re-opening amid a steady decline in the number of daily COVID cases and the rapid pace of vaccinations. In addition, many states recently decided to withdraw from federal unemployment benefit programs as large and small businesses have been complaining about the difficulty to hire, saying the benefits pay more than most minimum wage jobs.
2021-06-10
US Jobless Claims Seen Falling to New Pandemic Low
Initial jobless claims likely fell last week to 370 thousand, the lowest level in nearly 15 months, as the labor market continues to be supported by broader economic re-opening amid a steady decline in the number of daily COVID cases and the rapid pace of vaccinations. In addition, many states recently decided to withdraw from federal unemployment benefit programs as large and small businesses have been complaining about the difficulty to hire, saying the benefits pay more than most minimum wage jobs. Meanwhile, continuing claims likely dropped to 3.60 million in the May 29th week from 3.77 million the week before.
2021-06-10
US Weekly Jobless Claims Fall Below 400K
The number of Americans filing new claims for unemployment benefits dropped by another 20 thousand to 385 thousand in the week ending May 29th, falling below the 400 thousand mark for the first time since March 2020, when the pandemic hit the economy. The reading came in also below market expectations of 390 thousand, as a steady decline in the number of daily coronavirus cases due to vaccinations allowed the country to continue its re-opening efforts and prompted businesses to hire more workers to respond to growing demand. In addition, many states recently decided to withdraw from federal unemployment benefit programs, following reports that it has been more difficult to hire as the benefits pay more than most minimum wage jobs.
2021-06-03
US Weekly Jobless Claims to Fall Below 400K
Initial jobless claims are likely to fall below the 400 thousand mark for the first time since the coronavirus pandemic first hit the labor market in March 2020, as a steady decline in the number of daily COVID cases prompt US states to re-open their economies and employers to hire more workers to respond to growing demand. At the same time, many states recently decided to withdraw from federal unemployment benefit programs, following reports that it has been more difficult to hire as the benefits pay more than most minimum wage jobs. Still, initial claims remain well above pre-pandemic levels of about 210 thousand. Meanwhile, continuing claims are seen dropping to 3.615 million in the May 22nd week from 3.642 million the week before.
2021-06-03

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.