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Economy

Economic Data (USA)

Thursday, March 27, 2025

New Unemployment Insurance Claims for The Week of March 22, 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 March 22, 2025:

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

Predicted: 225,000

  • Actual: 224,000
====================

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): 225,000
  • 4-Week Moving Average: 224,000

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

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Thursday, March 20, 2025

New Unemployment Insurance Claims for The Week of March 15, 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 March 15, 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 (revised): 221,000
  • 4-Week Moving Average: 227,000

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

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Thursday, March 13, 2025

New Unemployment Insurance Claims for The Week of March 8, 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 March 8, 2025:

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

Predicted: 225,000

  • Actual: 220,000
====================

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): 222,000
  • 4-Week Moving Average: 226,000

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

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Tuesday, March 11, 2025

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

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

Job Openings

Predicted: 7,600,000
  • Actual:   7,740,000
-------------------------

  • Previous Month (revised): 7,508,000

  • One Year Previous: 8,468,000

  • Change from one year previous: -8.6% (-728,000)


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

HIRES: 5,393,000

HIRES vs. 12 Months Previous: -3.21% (-179,000)

-----------

QUITS: 3,266,000

QUITS vs. 12 Months Previous: -2.59% (-87,000)


-----------

LAYOFFS + DISCHARGES: 1,635,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: -3.37% (-57,000)

-----------

TOTAL SEPARATIONS §: 5,252,000

TOTAL SEPARATIONS vs. 12 Months Previous: -3.26% (-177,000)

=============
 

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

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

============= 

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Friday, March 07, 2025

Challenger Job Cuts Report for February 2025

The global outplacement consultancy Challenger, Gray and Christmas, Inc. released its job cuts report, for February 2025:

-------------------------------

Job Cuts Announced During February 2025: 172,017

  • Previous Month: 49,795
 > Change from previous month: +245.45% (+122,222 cuts)

--------------

  • One-Year Previous: 84,638
> Change from one-year previous: +103.24% (+87,379 cuts)


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

From Today's Report:

"...So far this year, employers have announced 221,812 job cuts, the highest year-to-date (YTD) total since 2009 when 428,099 job cuts were planned. It is up 33% from the 166,945 cuts announced during the same period in 2024.
'Private companies announced plans to shed thousands of jobs last month, particularly in Retail and Technology. With the impact of the Department of Government Efficiency [DOGE] actions, as well as canceled Government contracts, fear of trade wars, and bankruptcies, job cuts soared in February,' said Andrew Challenger, Senior Vice President and workplace expert for Challenger, Gray & Christmas..."
If corporate layoffs are high, consumer spending may decline, since there would be fewer people with steady jobs.

When corporate layoffs are low, this can mean that the job market is relatively tight, which can be a harbinger of wage inflation.

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

Challenger Report - Announced Jobs Cuts - February 2025 UPDATE
Challenger Report - Announced Jobs Cuts
February 2025 UPDATE

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

Job Cuts by Reason - USA February 2025 UPDATE
Job Cuts by Reason - USA
February 2025 UPDATE

================
 
Job Cuts: Month-by-Month Totals - February 2025 UPDATE
Job Cuts: Month-by-Month Totals
February 2025 UPDATE

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

    ================

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Thursday, March 06, 2025

New Unemployment Insurance Claims for The Week of March 1, 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 March 1, 2025:

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

Predicted: 230,000

  • Actual: 221,000
====================

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): 242,000
  • 4-Week Moving Average: 224,250

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

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Thursday, February 27, 2025

New Unemployment Insurance Claims for The Week of February 22, 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 February 22, 2025:

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

Predicted: 230,000

  • Actual: 242,000
====================

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): 220,000
  • 4-Week Moving Average: 224,000

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

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Thursday, February 20, 2025

New Unemployment Insurance Claims for The Week of February 15, 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 February 15, 2025:

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

Predicted: 215,000

  • Actual: 219,000
====================

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): 214,000
  • 4-Week Moving Average: 215,250

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

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Friday, February 14, 2025

New Unemployment Insurance Claims for The Week of February 8, 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 February 8, 2025:

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

Predicted: 215,000

  • Actual: 213,000
====================

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): 220,000
  • 4-Week Moving Average: 216,000

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

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Thursday, February 06, 2025

New Unemployment Insurance Claims for The Week of February 1, 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 February 1, 2025:

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

Predicted: 218,000

  • Actual: 219,000
====================

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): 208,000
  • 4-Week Moving Average: 216,750

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

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Wednesday, February 05, 2025

Job Openings and Labor Turnover Survey (JOLTS) for December 2024

Job Openings and Labor Turnover Survey (JOLTS*) for December 2024 was released by the Labor Department this morning:
=============

Job Openings

Predicted: 7,500,000
  • Actual:   7,600,000
-------------------------
  • Previous Month (revised): 8,156,000

  • One Year Previous: 8,889,000

  • Change from one year previous: -14.5% (-1,289,000)


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

HIRES: 5,462,000

HIRES vs. 12 Months Previous: -5.62% (-325,000)

-----------

QUITS: 3,197,000

QUITS vs. 12 Months Previous: -7.04% (-242,000)


-----------

LAYOFFS + DISCHARGES: 1,771,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +10.21% (+164,000)

-----------

TOTAL SEPARATIONS §: 5,269,000

TOTAL SEPARATIONS vs. 12 Months Previous: -2.77% (-150,000)

=============
 

§ = 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 December 2009 thru December 2024

CHART: Number of Jobless People
per Job Opening
December 2009 thru 
December 2024

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

============= 

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Thursday, January 30, 2025

New Unemployment Insurance Claims for The Week of January 25, 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 January 25, 2025:

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

Predicted: 215,000

  • Actual: 207,000
====================

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): 223,000
  • 4-Week Moving Average: 212,500

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

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Thursday, January 23, 2025

New Unemployment Insurance Claims for The Week of January 18, 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 January 18, 2025:

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

Predicted: 220,000

  • 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): 217,000
  • 4-Week Moving Average: 213,500

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

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Thursday, January 16, 2025

New Unemployment Insurance Claims for The Week of January 11, 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 January 11, 2025:

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

Predicted: 215,000

  • Actual: 217,000
====================

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): 203,000
  • 4-Week Moving Average: 212,750

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

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Thursday, January 09, 2025

New Unemployment Insurance Claims for The Week of January 4, 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 January 4, 2025:

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

Predicted: 215,000

  • Actual: 201,000
====================

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): 211,000
  • 4-Week Moving Average: 213,000

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

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Wednesday, January 08, 2025

Job Openings and Labor Turnover Survey (JOLTS) for November 2024

Job Openings and Labor Turnover Survey (JOLTS*) for November 2024 was released by the Labor Department this morning:


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

Job Openings

Predicted: 7,600,000
  • Actual:   8,098,000
-------------------------
  • Previous Month (revised): 7,839,000

  • One Year Previous: 8,931,000

  • Change from one year previous: -9.33% (-833,000)


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

HIRES: 5,269,000

HIRES vs. 12 Months Previous: -5.39% (-300,000)

-----------

QUITS: 3,065,000

QUITS vs. 12 Months Previous: -12.83% (-451,000)


-----------

LAYOFFS + DISCHARGES: 1,765,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +14.17% (+219,000)

-----------

TOTAL SEPARATIONS §: 5,126,000

TOTAL SEPARATIONS vs. 12 Months Previous: -5.3% (-287,000)

=============
 

§ = 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 - November 2009 thru November 2024
CHART: Number of Jobless People
per Job Opening
November 2009 thru November 2024

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

============= 

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Friday, January 03, 2025

New Unemployment Insurance Claims for The Week of December 28, 2024

Jobless Claims
Jobless Claims


Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on December 28, 2024:

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

Predicted: 215,000

  • Actual: 211,000
====================

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): 220,000
  • 4-Week Moving Average: 223,250

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

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Friday, December 20, 2024

New Unemployment Insurance Claims for The Week of December 14, 2024

Jobless Claims
Jobless Claims


Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on December 14, 2024:

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

Predicted: 230,000

  • Actual: 220,000
====================

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): 242,000
  • 4-Week Moving Average: 225,500

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

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Tuesday, December 03, 2024

Job Openings and Labor Turnover Survey (JOLTS) for October 2024

Job Openings and Labor Turnover Survey (JOLTS*) for October 2024 was released by the Labor Department this morning:


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

Job Openings

Predicted: 7,500,000
  • Actual:   7,744,000
-------------------------
  • Previous Month (revised): 7,372,000

  • One Year Previous: 8,685,000

  • Change from one year previous: -10.83% (-941,000)


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

HIRES: 5,313,000

HIRES vs. 12 Months Previous: -8.62% (-501,000)

-----------

QUITS: 3,326,000

QUITS vs. 12 Months Previous: -8.48% (-308,000)


-----------

LAYOFFS + DISCHARGES: 1,633,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: -1.21% (-20,000)

-----------

TOTAL SEPARATIONS §: 5,261,000

TOTAL SEPARATIONS vs. 12 Months Previous: -6.55% (-369,000)

=============
 

§ = 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 October 2009 thru October 2024

CHART: Number of Jobless People
per Job Opening
October 2009 thru October 2024

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

============= 

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Thursday, November 21, 2024

New Unemployment Insurance Claims for The Week of November 16, 2024

Jobless Claims
Jobless Claims


Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on November 16, 2024:

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

Predicted: 219,000

  • Actual: 213,000
====================

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): 219,000
  • 4-Week Moving Average: 217,750

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

From Today's Report:


"...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending November 9, 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 November 9 was 1,908,000, an increase of 36,000 from the previous week's revised level. This is the highest level for insured unemployment since November 13, 2021 when it was 1,974,000.

The previous week's level was revised down by 1,000 from 1,873,000 to 1,872,000. The 4-week moving average was 1,879,250, an increase of 5,000 from the previous week's revised average. This is the highest level for this average since November 27, 2021 when it was 1,928,000. The previous week's average was revised down by 250 from 1,874,500 to 1,874,250..."

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



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