The number of Americans filing new claims for unemployment benefits rose by 23 thousand from the previous period, the most in 8-weeks, to 230 thousand in the week ending January 8th, compared with market expectations of 200 thousand, as a surge in coronavirus cases led by the Omicron variant disrupted activity from airlines to schools. Still, claims remained below their pre-pandemic level, suggesting labor market conditions continued to tighten as the US economy expanded at a solid pace and demand for labor remained strong. Claims hit a 52-year low of 188 thousand during the first week of December. On a non-seasonally adjusted basis, initial claims jumped by 104 thousand to 419 thousand, with notable increases being recorded in California (12.8 thousand), New York (10.8 thousand), Texas (9.4 thousand), Kentucky (8.5 thousand), and Missouri (7.3 thousand). source: U.S. Department of Labor
Initial Jobless Claims in the United States averaged 371.10 Thousand from 1967 until 2022, 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 January of 2022.
Initial Jobless Claims in the United States is expected to be 230.00 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 220.00 Thousand in 2023, according to our econometric models.