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Economy

Economic Data (USA)

Thursday, May 19, 2016

New Unemployment Insurance Claims for The Week of May 14, 2016

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on May 14, 2016:

Predicted: 275,000
Actual: 278,000

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

  • Last Week: 294,000

  • 4-Week Moving Average: 275,750

From today's report:

"...This marks 63 consecutive weeks of initial claims below 300,000, the longest streak since 1973..."

Click here to view the full Labor Department report.

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