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

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

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

• Click here to view the full Labor Department report

==================== 

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New Unemployment Insurance Claims for The Week of March 15, 2025

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

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

• Click here to view the full Labor Department report

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

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

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

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

• Click here to view the full Labor Department report

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

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Employment Situation Report for February 2025

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

Nonfarm Payrolls (month-to-month change)
Actual: +151,000

Previous Month (revised): 125,000
One Year Previous: 222,000

U-3 Unemployment Rate (Headline)
Actual: 4.1%
Previous Month: 4.0%
12 Months Previous: 3.9%

U-6 Unemployment Rate*
Actual: 8.0%
Previous Month: 7.5%
12 Months Previous: 7.3%

Average Hourly Earnings (month-to-month change)
Predicted: +0.3%
Actual: +0.28% (+$0.10)

Average Hourly Earnings (year-on-year change)
Predicted: +4.0%
Actual: +4.02% (+$1.39)

Average Weekly Earnings (month-to-month change)
Actual: +0.28% (+$3.41)

Average Weekly Earnings (year-on-year change)
Actual: +3.42% (+$40.49)

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

Average Weekly Hours: 34.1 hours
Previous Month: 34.1 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
FEBRUARY 2005 THRU FEBRUARY 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."

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

• Click here to view the full Department of Labor report.

=================== 

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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

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

Job Cuts by Reason - USA
February 2025 UPDATE

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

 

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

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

• Click here to read the full Challenger, Gray and Christmas report

    ================

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

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

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

• Click here to view the full Labor Department report

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

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

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

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

• Click here to view the full Labor Department report

==================== 

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

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

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

• Click here to view the full Labor Department report

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

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

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

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

• Click here to view the full Labor Department report

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

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Employment Situation Report for January 2025

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

Nonfarm Payrolls (month-to-month change)
Actual: +143,000

Previous Month (revised): 307,000
One Year Previous: 119,000

U-3 Unemployment Rate (Headline)
Actual: 4.0%
Previous Month: 4.1%
12 Months Previous: 3.7%

U-6 Unemployment Rate*
Actual: 7.5%
Previous Month: 7.5%
12 Months Previous: 7.2%

Average Hourly Earnings (month-to-month change)
Predicted: +0.3%
Actual: +0.477% (+$0.17)

Average Hourly Earnings (year-on-year change)
Predicted: +4.0%
Actual: +4.06% (+$1.40)

Average Weekly Earnings (month-to-month change)
Actual: +0.183% (+$2.23)

Average Weekly Earnings (year-on-year change)
Actual: +3.76% (+$44.30)

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

Average Weekly Hours: 34.1 hours
Previous Month: 34.2 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
JANUARY 2005 THRU JANUARY 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."

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

• Click here to view the full Department of Labor report.

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

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

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

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

• Click here to view the full Labor Department report

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

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

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

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

• Click here to view the full Labor Department report

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

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

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

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

• Click here to view the full Labor Department report

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

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

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

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

• Click here to view the full Labor Department report

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

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Employment Situation Report for December 2024

The Employment Situation Report for December 2024 was released by The Department of Labor's Bureau of Labor Statistics this morning:

Nonfarm Payrolls (month-to-month change)
Actual: +256,000

Previous Month (revised): 212,000
One Year Previous: 290,000

U-3 Unemployment Rate (Headline)
Actual: 4.1%
Previous Month: 4.2%
12 Months Previous: 3.8%

U-6 Unemployment Rate*
Actual: 7.5%
Previous Month: 7.7%
12 Months Previous: 7.2%

Average Hourly Earnings (month-to-month change)
Predicted: +0.3%
Actual: +0.28% (+$0.10)

Average Hourly Earnings (year-on-year change)
Predicted: +4.0%
Actual: +3.93% (+$1.35)

Average Weekly Earnings (month-to-month change)
Actual: +0.28% (+$3.43)

Average Weekly Earnings (year-on-year change)
Actual: +3.63% (+$42.87)

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

Average Weekly Hours: 34.3 hours
Previous Month: 34.3 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
DECEMBER 2004 THRU DECEMBER 2024

   ===================

 * =  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."

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

• Click here to view the full Department of Labor report.

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

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

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

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

• Click here to view the full Labor Department report

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

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

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

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

• Click here to view the full Labor Department report

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

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

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

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

• Click here to view the full Labor Department report

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

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Employment Situation Report for November 2024

The Employment Situation Report for November 2024 was released by The Department of Labor's Bureau of Labor Statistics this morning:

Nonfarm Payrolls (month-to-month change)
Actual: +227,000

Previous Month (revised): 36,000
One Year Previous: 182,000

U-3 Unemployment Rate (Headline)
Actual: 4.2%
Previous Month: 4.1%
12 Months Previous: 3.7%

U-6 Unemployment Rate*
Actual: 7.8%
Previous Month: 7.7%
12 Months Previous: 7.0%

Average Hourly Earnings (month-to-month change)
Predicted: +0.4%
Actual: +0.366% (+$0.13)

Average Hourly Earnings (year-on-year change)
Predicted: +4.1%
Actual: +4.03% (+$1.38)

Average Weekly Earnings (month-to-month change)
Actual: +0.66% (+$8.00)

Average Weekly Earnings (year-on-year change)
Actual: +3.73% (+$43.91)

Civilian Labor Force Participation Rate: 62.5%
Previous Month: 62.6%
12 Months Previous: 62.8%

Average Weekly Hours: 34.3 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
NOVEMBER 2004 THRU
NOVEMBER 2024

   ===================

 * =  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."

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

• Click here to view the full Department of Labor report.

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

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

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..."

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

• Click here to view the full Labor Department report

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

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