New Unemployment Insurance Claims for The Week of December 4, 2021

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on December 4, 2021:

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Predicted: 200,000

• Actual: 184,000

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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.

• Previous Week (revised): 227,000

• 4-Week Moving Average: 218,750

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From Today's Report

"...In the week ending December 4, the advance figure for seasonally adjusted initial claims was 184,000, a decrease of 43,000 from the previous week's revised level. This is the lowest level for initial claims since September 6, 1969 when it was 182,000. The previous week's level was revised up by 5,000 from 222,000 to 227,000. The 4-week moving average was 218,750, a decrease of 21,250 from the previous week's revised average. This is the lowest level for this average since March 7, 2020 [the eve of the COVID-19 pandemic in the USA] when it was 215,250. The previous week's average was revised up by 1,250 from 238,750 to 240,000..."

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• Click here to view the full Labor Department report

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