United States Initial Jobless Claims  1967-2016 | Data | Chart | Calendar

The number of Americans filing for unemployment benefits decreased by 1,000 to 261,000 in the week ended August 20th compared with the previous week's unrevised level of 262,000. The figure came in below market expectations of 265,000 to hit its lowest level in five weeks. Initial Jobless Claims in the United States averaged 359 Thousand from 1967 until 2016, 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 reported by the U.S. Department of Labor.

United States Initial Jobless Claims
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Actual Previous Highest Lowest Dates Unit Frequency
261.00 262.00 695.00 162.00 1967 - 2016 Thousand Weekly
Volume, SA
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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-11 12:30 PM Aug/06 266K 267K 265K 266K
2016-08-18 12:30 PM Aug/13 262K 266K 265K 262K
2016-08-25 12:30 PM Aug/20 261K 262K 265K 265K
2016-09-01 12:30 PM Aug/27 261K 265K 264K
2016-09-08 12:30 PM Sep/03 265K
2016-09-15 12:30 PM Sep/10 266K

US Jobless Claims Fall to Lowest Level in 5 Weeks


The number of Americans filing for unemployment benefits decreased by 1,000 to 261,000 in the week ended August 20th compared with the previous week's unrevised level of 262,000. The figure came in below market expectations of 265,000 to hit its lowest level in five weeks.

This marks 77 consecutive weeks of initial claims below 300,000, the longest streak since 1970.

The 4-week moving average was 264,000, a decrease of 1,250 from the previous week's unrevised average of 265,250.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending August 13, unchanged from the previous week's unrevised rate. 

The continuing claims drawn by workers for more than a week (the advance number for seasonally adjusted insured unemployment) during the week ending August 13 was 2,145,000, a decrease of 30,000 from the previous week's unrevised level of 2,175,000. The 4-week moving average was 2,155,250, an increase of 250 from the previous week's unrevised average of 2,155,000. 

DOL | Joana Ferreira | joana.ferreira@tradingeconomics.com
8/25/2016 1:37:31 PM

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 4.90 10.80 2.50 percent [+]
Non Farm Payrolls 255.00 292.00 1115.00 -1967.00 Thousand [+]
Government Payrolls 38.00 22.00 427.00 -260.00 Thousand [+]
Nonfarm Payrolls Private 217.00 265.00 1089.00 -814.00 Thousand [+]
Manufacturing Payrolls 9.00 14.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 261.00 262.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2145.00 2175.00 6635.00 988.00 Thousand [+]
ADP Employment Change 179.00 176.00 357.00 -881.00 Thousand [+]
Employed Persons 151517.00 151097.00 151517.00 57635.00 Thousand [+]
Unemployed Persons 7770.00 7783.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.30 0.10 0.60 -0.30 percent [+]
Average Weekly Hours 34.50 34.40 34.70 33.70 Hours [+]
Labor Force Participation Rate 62.80 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.27 1.25 2.80 1.19 percent [+]
Youth Unemployment Rate 10.80 10.70 19.50 7.80 percent [+]
Productivity 106.00 106.20 107.00 27.60 Index Points [+]
Labour Costs 109.49 108.94 109.49 17.12 Index Points [+]
Job Vacancies 5607.00 5499.00 6197.00 2132.00 Thousand [+]
Job Offers 5624.00 5514.00 5845.00 2196.00 Thousands [+]
Challenger Job Cuts 45346.00 38536.00 248475.00 15100.00 Persons [+]
Wages 21.59 21.52 21.59 2.50 USD/Hour [+]
Wages in Manufacturing 20.46 20.40 20.46 1.27 USD/Hour [+]
Wage Growth 4.60 5.20 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.60 0.60 1.60 0.20 percent [+]
Labor Market Conditions Index 1.00 -0.10 28.50 -43.60 [+]
Population 321.57 319.07 321.57 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 [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 USD/Month [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]
Living Wage Family 2710.00 2680.00 2850.00 2680.00 USD/Month [+]
Living Wage Individual 1660.00 1650.00 1710.00 1650.00 USD/Month [+]
Part Time Employment 27595.00 27445.00 28134.00 10086.00 Thousand [+]
Full Time Employment 123892.00 123586.00 123892.00 64640.00 Thousand [+]
Employment Rate 59.70 59.60 64.70 55.00 percent [+]