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Economy

Economic Data (USA)

Wednesday, June 18, 2025

New Unemployment Insurance Claims for The Week of June 14, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on June 14, 2025:

====================

Predicted: 245,000

  • Actual: 245,000
====================

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.

 -->  Previous Week (revised): 250,000

  • 4-Week Moving Average: 245,500

====================

From Today's Report:

 "...The 4-week moving average was 245,500, an increase of 4,750 from the previous week's revised average. This is the highest level for this average since August 19, 2023 when it was 246,000. The previous week's average was revised up by 500 from 240,250 to 240,750.

The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending June 7, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 7 was 1,945,000, a decrease of 6,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 1,956,000 to 1,951,000. The 4-week moving average was 1,926,250, an increase of 13,000 from the previous week's revised average. This is the highest level for this average since November 20, 2021 when it was 2,004,250. The previous week's average was revised down by 1,250 from 1,914,500 to 1,913,250..."

====================

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Thursday, June 12, 2025

New Unemployment Insurance Claims for The Week of June 7, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on June 7, 2025:

====================

Predicted: 245,000

  • Actual: 248,000
====================

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.

 -->  Previous Week (revised): 248,000

  • 4-Week Moving Average: 240,250

====================

From Today's Report:

 "...The 4-week moving average was 240,250, an increase of 5,000 from the previous week's revised average. This is the highest level for
this average since August 26, 2023 when it was 245,000
..." 

"...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending May 31, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 31 was 1,956,000, an increase of 54,000 from the previous week's revised level. This is the highest level for insured unemployment since November 13, 2021 when it was 1,970,000. The previous week's level was revised down by 2,000 from 1,904,000 to 1,902,000. The 4-week moving average was 1,914,500, an increase of 19,750 from the previous week's revised average. This is the highest level for this average since November 27, 2021 when it was 1,923,500..."

====================

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Tuesday, June 10, 2025

Productivity and Labor Costs Report for Q1, 2025 (Revised)

The Labor Department's Bureau of Labor Statistics (BLS) this morning released its quarterly report on Productivity and Unit Labor Costs for the first quarter of 2025 (revised):


Nonfarm Productivity
Previous:  -0.8%
Actual: -1.5%

  • Change from A Year Ago: +1.3%

=============

Unit Labor Costs
Previous: +5.7%
Actual: +6.6%

  • Change from A Year Ago: +1.9%

=============

The yellow-highlighted percentages represent the quarter-to-quarter change in non-farm productivity and unit labor costs for the United States.


For non-farm productivity, a positive number represents an improvement in the efficiency of producing domestic goods and services in the U.S., and therefore can signify a favorable inflationary outlook, and vice versa.

The Unit Labor Costs report measures the costs related to producing each unit of output. A positive number can be a harbinger of rising inflation, and vice versa.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

===================

CHART: Labor Productivity + Unit Labor Costs Q1 2021 Through Q1 2025 (REVISED)
CHART: Labor Productivity +
Unit Labor Costs
Q1 2021 Through Q1 2025 (REVISED)

===================   

From Today's Report
 
"...This is the first decline in nonfarm business sector labor productivity since the second quarter of 2022..."
 ===================

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Friday, June 06, 2025

Employment Situation Report for MAY 2025

The Employment Situation Report for May 2025 was released by The Department of Labor's Bureau of Labor Statistics this morning:

Nonfarm Payrolls (month-to-month change)
Actual: +139,000
Previous Month (revised): 147,000
One Year Previous: 193,000

U-3 Unemployment Rate (Headline)
Actual: 4.2%
Previous Month: 4.2%
12 Months Previous: 4.0%

U-6 Unemployment Rate*
Actual: 7.8%
Previous Month: 7.8%
12 Months Previous: 7.4%

Average Hourly Earnings (month-to-month change)
Predicted: +0.3%
Actual: +0.42% (+$0.15)

Average Hourly Earnings (year-on-year change)
Predicted: +4.0%
Actual: +3.87% (+$1.35)

Average Weekly Earnings (month-to-month change)
Actual: +
0.42% (+$5.14)

Average Weekly Earnings (year-on-year change)
Actual: +3.87% (+$46.30)

Civilian Labor Force Participation Rate: 62.4%
Previous Month: 62.6%
12 Months Previous: 62.6%

Average Weekly Hours: 34.3 hours
Previous Month (revised): 34.3 hours
One Year Previous: 34.3 hours

Economist, academics, central bankers and investors pay very close attention to the monthly Employment Situation report as it offers penetrating insight as to the current and near-future state of the overall U.S. economy. If a) Americans are earning more money and b) the economy is creating new jobs, this typically translates to more money being pumped into the economy (and vice versa.)

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

===================

CHART: Civilian Unemployment Rate - MAY 2005 THRU MAY 2025

CHART: Civilian Unemployment Rate
MAY 2005 THRU 
MAY 2025
   ===================

 * =  The U-6 Unemployment Rate is defined as:

"Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force."

===================


===================

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Thursday, June 05, 2025

New Unemployment Insurance Claims for The Week of May 31, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on May 31, 2025:

====================

Predicted: 240,000

  • Actual: 247,000
====================

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.

 -->  Previous Week (revised): 239,000

  • 4-Week Moving Average: 235,000

====================

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Tuesday, June 03, 2025

Job Openings and Labor Turnover Survey (JOLTS) for April 2025

Job Openings and Labor Turnover Survey (JOLTS*) for April, 2025 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 7,200,000
  • Actual:   7,391,000
-------------------------

  • Previous Month (revised): 7,200,000

  • One Year Previous: 7,619,000

  • Change from one year previous: -2.99% (-228,000)


=============

HIRES: 5,573,000

HIRES vs. 12 Months Previous: -0.2% (-11,000)

-----------

QUITS: 3,194,000

QUITS vs. 12 Months Previous: -6.44% (-220,000)


-----------

LAYOFFS + DISCHARGES: 1,786,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +12.54% (+199,000)

-----------

TOTAL SEPARATIONS §: 5,288,000

TOTAL SEPARATIONS vs. 12 Months Previous: -1.86% (-100,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

CHART: Number of Jobless People per Job Opening, Seasonally Adjusted - APRIL 2010 thru APRIL 2025
CHART: Number of Jobless People
per Job Opening, Seasonally Adjusted
APRIL 2010 thru APRIL
 2025

=============
=============

============= 

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Thursday, May 29, 2025

New Unemployment Insurance Claims for The Week of May 24, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on May 24, 2025:

====================

Predicted: 230,000

  • Actual: 240,000
====================

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.

 -->  Previous Week (revised): 226,000

  • 4-Week Moving Average: 230,750

====================

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Thursday, May 22, 2025

New Unemployment Insurance Claims for The Week of May 17, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on May 17, 2025:

====================

Predicted: 230,000

  • Actual: 227,000
====================

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.

 -->  Previous Week (unrevised): 229,000

  • 4-Week Moving Average: 231,500

====================

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Friday, May 16, 2025

New Unemployment Insurance Claims for The Week of May 10, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on May 10, 2025:

====================

Predicted: 230,000

  • Actual: 229,000
====================

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.

 -->  Previous Week (revised): 229,000

  • 4-Week Moving Average: 230,500

====================

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Monday, May 12, 2025

Productivity and Labor Costs Report for Q1 2025 (Preliminary)

The Labor Department's Bureau of Labor Statistics (BLS) this morning released its quarterly report on Productivity and Unit Labor Costs for the first quarter of 2025 (preliminary):


Nonfarm Productivity
Previous:  +1.5%
Actual: -0.8%

  • Change from A Year Ago: +1.4%

=============

Unit Labor Costs
Previous: +2.2%
Actual: +5.7%

  • Change from A Year Ago: +1.3%

=============

The yellow-highlighted percentages represent the quarter-to-quarter change in non-farm productivity and unit labor costs for the United States.


For non-farm productivity, a positive number represents an improvement in the efficiency of producing domestic goods and services in the U.S., and therefore can signify a favorable inflationary outlook, and vice versa.

The Unit Labor Costs report measures the costs related to producing each unit of output. A positive number can be a harbinger of rising inflation, and vice versa.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.


===================

CHART: Labor Productivity + Unit Labor Costs Q1 2021 Through Q1 2025 (Preliminary)
CHART: Labor Productivity +
Unit Labor Costs
Q1 2021 Through Q1 2025 (Preliminary)

===================   

From Today's Report
 
"...This is the first decline in nonfarm business sector labor productivity since the second quarter of 2022..."
 ===================

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Thursday, May 08, 2025

New Unemployment Insurance Claims for The Week of May 3, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on May 3, 2025:

====================

Predicted: 230,000

  • Actual: 228,000
====================

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.

 -->  Previous Week (unrevised): 241,000

  • 4-Week Moving Average: 227,000

====================

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Friday, May 02, 2025

Employment Situation Report for April 2025

The Employment Situation Report for April 2025 was released by The Department of Labor's Bureau of Labor Statistics this morning:


Nonfarm Payrolls (month-to-month change)
Actual: +177,000
Previous Month (revised): 185,000
One Year Previous: 118,000

U-3 Unemployment Rate (Headline)
Actual: 4.2%
Previous Month: 4.2%
12 Months Previous: 3.9%

U-6 Unemployment Rate*
Actual: 7.8%
Previous Month: 7.9%
12 Months Previous: 7.4%

Average Hourly Earnings (month-to-month change)
Predicted: +0.3%
Actual: +0.17% (+$0.06)

Average Hourly Earnings (year-on-year change)
Predicted: +4.0%
Actual: +3.77% (+$1.31)

Average Weekly Earnings (month-to-month change)
Actual: +
0.167% (+$2.06)

Average Weekly Earnings (year-on-year change)
Actual: +4.07% (+$48.41)

Civilian Labor Force Participation Rate: 62.6%
Previous Month: 62.5%
12 Months Previous: 62.7%

Average Weekly Hours: 34.3 hours
Previous Month (revised): 34.3 hours
One Year Previous: 34.2 hours

Economist, academics, central bankers and investors pay very close attention to the monthly Employment Situation report as it offers penetrating insight as to the current and near-future state of the overall U.S. economy. If a) Americans are earning more money and b) the economy is creating new jobs, this typically translates to more money being pumped into the economy (and vice versa.)

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

===================
CHART: Civilian Unemployment Rate - APRIL 2005 THRU APRIL 2025
CHART: Civilian Unemployment Rate
APRIL 2005 THRU
APRIL 2025
   ===================

 * =  The U-6 Unemployment Rate is defined as:

"Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force."

===================


===================

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New Unemployment Insurance Claims for The Week of April 26, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on April 26, 2025:

====================

Predicted: 220,000

  • Actual: 241,000
====================

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.

 -->  Previous Week (revised): 223,000

  • 4-Week Moving Average: 226,000

====================

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Tuesday, April 29, 2025

Job Openings and Labor Turnover Survey (JOLTS) for March 2025

Job Openings and Labor Turnover Survey (JOLTS*) for March 2025 was released by the Labor Department this morning:
=============

Job Openings

Predicted: 7,500,000
  • Actual:   7,192,000
-------------------------

  • Previous Month (revised): 7,480,000

  • One Year Previous: 8,093,000

  • Change from one year previous: -11.13% (-901,000)


=============

HIRES: 5,411,000

HIRES vs. 12 Months Previous: -1.11% (-61,000)

-----------

QUITS: 3,332,000

QUITS vs. 12 Months Previous: +0.09% (+3,000)


-----------

LAYOFFS + DISCHARGES: 1,558,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: -3.47% (-56,000)

-----------

TOTAL SEPARATIONS §: 5,137,000

TOTAL SEPARATIONS vs. 12 Months Previous: -2.49% (-131,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

CHART: Number of Jobless People per Job Opening, Seasonally Adjusted MARCH 2010 thru MARCH 2025
CHART: Number of Jobless People
per Job Opening, Seasonally Adjusted
MARCH 2010 thru MARCH
2025

=============
=============

============= 

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Thursday, April 24, 2025

New Unemployment Insurance Claims for The Week of April 19, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on April 19, 2025:

====================

Predicted: 220,000

  • Actual: 222,000
====================

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.

 -->  Previous Week (revised): 216,000

  • 4-Week Moving Average: 202,250

====================

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Friday, April 18, 2025

New Unemployment Insurance Claims for The Week of April 12, 2025

Jobless Claims
Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on April 12, 2025:

====================

Predicted: 220,000

  • Actual: 215,000
====================

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.

 -->  Previous Week (revised): 224,000

  • 4-Week Moving Average: 220,750

====================

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Friday, April 11, 2025

New Unemployment Insurance Claims for The Week of April 5, 2025

Jobless Claims
Jobless Claims


Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on April 5, 2025:

====================

Predicted: 225,000

  • Actual: 223,000
====================

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.

 -->  Previous Week (unrevised): 219,000

  • 4-Week Moving Average: 223,000

====================

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Friday, April 04, 2025

Employment Situation Report for March 2025

The Employment Situation Report for March 2025 was released by The Department of Labor's Bureau of Labor Statistics this morning:


Nonfarm Payrolls (month-to-month change)
Actual: +228,000
Previous Month (revised): 117,000
One Year Previous: 246,000

U-3 Unemployment Rate (Headline)
Actual: 4.2%
Previous Month: 4.1%
12 Months Previous: 3.9%

U-6 Unemployment Rate*
Actual: 7.9%
Previous Month: 8.0%
12 Months Previous: 7.3%

Average Hourly Earnings (month-to-month change)
Predicted: +0.3%
Actual: +0.25% (+$0.09)

Average Hourly Earnings (year-on-year change)
Predicted: +4.0%
Actual: +3.84% (+$1.33)

Average Weekly Earnings (month-to-month change)
Actual: +
0.25% (+$3.08)

Average Weekly Earnings (year-on-year change)
Actual: +3.23% (+$38.55)

Civilian Labor Force Participation Rate: 62.4%
Previous Month: 62.6%
12 Months Previous: 62.6%

Average Weekly Hours: 34.2 hours
Previous Month (revised): 34.2 hours
One Year Previous: 34.4 hours

Economist, academics, central bankers and investors pay very close attention to the monthly Employment Situation report as it offers penetrating insight as to the current and near-future state of the overall U.S. economy. If a) Americans are earning more money and b) the economy is creating new jobs, this typically translates to more money being pumped into the economy (and vice versa.)

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

===================

CHART: Civilian Unemployment Rate MARCH 2005 THRU MARCH 2025
CHART: Civilian Unemployment Rate
MARCH 2005 THRU
MARCH 2025
   ===================

 * =  The U-6 Unemployment Rate is defined as:

"Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force."

===================


===================

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Thursday, April 03, 2025

Job Openings and Labor Turnover Survey (JOLTS) for February 2025

Job Openings and Labor Turnover Survey (JOLTS*) for February 2025 was released by the Labor Department this morning:
=============

Job Openings

Predicted: 7,600,000
  • Actual:   7,568,000
-------------------------

  • Previous Month (revised): 7,762,000

  • One Year Previous: 8,445,000

  • Change from one year previous: -10.38% (-877,000)


=============

HIRES: 5,396,000

HIRES vs. 12 Months Previous: -4.73% (-268,000)

-----------

QUITS: 3,195,000

QUITS vs. 12 Months Previous: -7.87% (-273,000)


-----------

LAYOFFS + DISCHARGES: 1,790,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +6.48% (+109,000)

-----------

TOTAL SEPARATIONS §: 5,261,000

TOTAL SEPARATIONS vs. 12 Months Previous: -3.93% (-215,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

CHART: Number of Jobless People per Job Opening, Seasonally Adjusted - FEBRUARY 2010 thru FEBRUARY 2025
CHART: Number of Jobless People
per Job Opening, Seasonally Adjusted
FEBRUARY 2010 thru
FEBRUARY 2025

=============
=============

============= 

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