United States Initial Jobless Claims

Initial Jobless Claims in the United States increased to 360 Thousand in the week ending May 11 of 2013 from 328 Thousand reported in the previous week. Initial Jobless Claims in the United States is reported by the US Labor Department. Historically, from 1967 until 2013, the United States Initial Jobless Claims averaged 363.4 Thousand reaching an all time high of 695.0 Thousand in October of 1982 and a record low of 162.0 Thousand in November of 1968. 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 includes a chart with historical data for the United States Initial Jobless Claims.

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Initial Jobless Claims | Notes

The data given on this page shows the number of jobless claims filed by individuals seeking to receive state jobless benefits in the United States in a period of one week. Initial Jobless Claims report provides a timely, but often misleading, indicator of the direction of the economy, with increases (decreases) in claims potentially signaling slowing (accelerating) job growth. On a weekly basis, the number of claims may be quite volatile, and many analysts track a four-week moving average instead. It typically takes a sustained move of at least 30K in claims to signal a meaningful change in job growth.






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