United States Unemployed Persons  Forecast


Unemployed Persons in the United States is expected to be 6749.23 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in the United States to stand at 6918.05 in 12 months time. In the long-term, the United States Unemployed Persons is projected to trend around 7592.91 Thousand in 2020, according to our econometric models.


United States Unemployed Persons
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United States Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.2 4.4 4.5 4.6 4.8 6
Non Farm Payrolls -33 160 190 170 145 170
Nonfarm Payrolls Private -40 59.11 71.96 79 84.69 106
Government Payrolls 7 13 13.63 13.59 13.59 11
Manufacturing Payrolls -1 10 9.57 11.62 -11.48 -2
Initial Jobless Claims 243 262 271 280 288 336
Continuing Jobless Claims 1889 1920 1951 1981 2010 2235
ADP Employment Change 135 164 124 114 104 150
Employed Persons 154345 154929 155234 155375 155430 154000
Unemployed Persons 6801 6749 6772 6836 6918 7593
Average Hourly Earnings 0.5 0.31 0.24 0.21 0.2 0.2
Average Weekly Hours 34.4 34.38 34.38 34.37 34.37 34.34
Labor Force Participation Rate 63.1 63.08 63.08 63.09 63.1 63.19
Long Term Unemployment Rate 1.08 1.07 1.05 1.05 1.2 1.4
Youth Unemployment Rate 9.1 9.2 9.3 9.4 9.5 10.2
Labour Costs 109 109 109 109 109 109
Productivity 108 108 108 108 108 108
Job Vacancies 6200 6281 6133 5981 5836 4914
Job Offers 6082 6137 6073 6016 5964 5564
Challenger Job Cuts 32346 41467 48298 53186 56704 63500
Wages 22.23 22.52 22.79 22.87 23.35 26.5
Wages in Manufacturing 20.96 21.32 21.64 21.76 21.87 25.61
Wage Growth 2.95 3.58 3.78 3.96 4.12 4.94
Minimum Wages 7.25 7.25 7.5 7.5 7.5 7.75
Employment Cost Index 0.5 0.66 0.62 0.62 0.66 0.71
Labor Market Conditions Index 1.5 2 1.7 0.9 -0.2 0.5
Population 324 326 328 328 328 332
Retirement Age Women 66 66 66 66 66 66
Retirement Age Men 66 66 66 66 66 66
Living Wage Family 1496 1476 1475 1474 1474 1473
Living Wage Individual 1408 1369 1366 1365 1364 1362
Part Time Employment 27650 27591 27585 27576 27568 27490
Full Time Employment 126690 127095 127285 127350 127354 127011
Employment Rate 60.4 60.5 60.6 60.6 60.6 60.7
Wages Low Skilled 1780 1668 1663 1660 1657 1650
Wages High Skilled 4130 3968 4006 4053 4098 3973