The number of Americans filing for unemployment benefits increased to 885 thousand in the week ended December 12th, from the previous week's revised level of 862 thousand and well above market expectations of 800 thousand. It was the highest number since early September, amid record increases in COVID-19 cases, deaths and hospitalizations and new lockdowns across the country. On a non-seasonally adjusted basis, the number of claims was down to 935 thousand, compared with 956 thousand in the previous week. Also, about 455 thousand people applied for help from the Pandemic Unemployment Assistance scheme, which covers workers that do not qualify for initial claims, compared with 415 thousand in the previous period. source: U.S. Department of Labor
Initial Jobless Claims in the United States averaged 370.85 Thousand from 1967 until 2020, reaching an all time high of 6867 Thousand in March 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 December of 2020.
Initial Jobless Claims in the United States is expected to be 900.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Initial Jobless Claims in the United States to stand at 350.00 in 12 months time. In the long-term, the United States Initial Jobless Claims is projected to trend around 300.00 Thousand in 2021 and 270.00 Thousand in 2022, according to our econometric models.