Initial jobless claims in the US rose by 6,000 from the previous week to 223,000 in the period ending January 18th, slightly ahead of market expectations of 220,000, to mark the sharpest rise in six weeks. In turn, the outstanding claim count rose by 46,000 to 1,899,000 in the earlier period, the most since November of 2021, to suggest that those without jobs are taking a longer time to find suitable employment, and pointing to a greater impact of restrictive interest rates by the Fed on the US labor market. The four-week moving average for initial claims, which reduce weekly volatility, rose by 750 to 213,500. In turn, the non-seasonally adjusted claim count sank by 68,135 to 284,222. source: U.S. Department of Labor
Initial Jobless Claims in the United States increased to 223 thousand in the week ending January 18 of 2025 from 217 thousand in the previous week. Initial Jobless Claims in the United States averaged 363.12 Thousand from 1967 until 2025, reaching an all time high of 6137.00 Thousand in April of 2020 and a record low of 162.00 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 2025.
Initial Jobless Claims in the United States increased to 223 thousand in the week ending January 18 of 2025 from 217 thousand in the previous week. Initial Jobless Claims in the United States is expected to be 250.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations.