US Unemployment Claims
Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy;
This is the nation's earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes;
- US Unemployment Claims Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 20, 2024 | 238K | 235K | 243K |
Jun 13, 2024 | 242K | 225K | 229K |
Jun 6, 2024 | 229K | 220K | 221K |
May 30, 2024 | 219K | 218K | 216K |
May 23, 2024 | 215K | 220K | 223K |
May 16, 2024 | 222K | 219K | 232K |
May 9, 2024 | 231K | 212K | 209K |
May 2, 2024 | 208K | 212K | 208K |
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- US Unemployment Claims News
Jobless claims not good, housing data bad, Philly Fed ugly... and that meant the US macro surprise index plunged to early-2019 lows... near the lowest level since 2016... chart Source: Bloomberg. But that 'bad news' had no (good news) influence on rate-cut expectations (which worsened marginally).... chart Source: Bloomberg. Treasury yields ended the day marginally higher after recovering from the spike early on after claims data... chart Source: Bloomberg. That 'bad news' was also bad news for the momo names too as The Dow ...
In the week ending June 15, the advance figure for seasonally adjusted initial claims was 238,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 242,000 to 243,000. The 4-week moving average was 232,750, an increase of 5,500 from the previous week's revised average. The previous week's average was revised up by 250 from 227,000 to 227,250. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 8, unchanged from the ...
It has been a topsy-turvy 24 hours for financial markets. Treasury yields plunged in the wake of the soft CPI report, but retraced a little as markets digested the more hawkish-than-anticipated Fed dot plot of projections for the Fed funds target rate. We are now back firmly in a lower yields situation following more soft US numbers this morning. For starters we have a big increase in initial jobless claims of 242k versus the 225k consensus, up from 229k the previous week while continuing claims rose to 1820k (consensus 1795k and ...
In the week ending June 8, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 13,000 from the previous week's unrevised level of 229,000. The 4-week moving average was 227,000, an increase of 4,750 from the previous week's unrevised average of 222,250. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 1, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 1 was ...
In the week ending June 1, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 8,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 219,000 to 221,000. The 4-week moving average was 222,250, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 500 from 222,500 to 223,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending May 25, unchanged from the previous ...
In the week ending May 25, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 215,000 to 216,000. The 4-week moving average was 222,500, an increase of 2,500 from the previous week's revised average. The previous week's average was revised up by 250 from 219,750 to 220,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending May 18, unchanged from the ...
Initial applications for US unemployment benefits fell last week, remaining subdued as both demand for workers and layoffs ease. First-time claims decreased by 8,000 to 215,000 in the week ended May 18 after a similar drop in the prior period, marking the biggest back-to-back decline since September, according to Labor Department data released Thursday. The median forecast in a Bloomberg survey of economists called for 220,000. Continuing claims, a proxy for the number of people receiving unemployment benefits, were little changed at ...
In the week ending May 18, the advance figure for seasonally adjusted initial claims was 215,000, a decrease of 8,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 222,000 to 223,000. The 4-week moving average was 219,750, an increase of 1,750 from the previous week's revised average. The p revious week's average was revised up by 250 from 217,750 to 218,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending May 11, unchanged from the ...
Released on Jun 20, 2024 |
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Released on Jun 13, 2024 |
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Released on Jun 6, 2024 |
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Released on May 30, 2024 |
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Released on May 23, 2024 |
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