New Unemployment Insurance Claims for The Week of June 28, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on June 28, 2025:

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

Predicted: 235,000

• Actual: 233,000

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

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): 237,000

• 4-Week Moving Average: 241,500

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

From Today's Report:

 "...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending June 21, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 21 was 1,964,000, unchanged from the previous week's revised level. The previous week's level was revised down by 10,000 from 1,974,000 to 1,964,000. The 4 -week moving average was 1,954,000, an increase of 15,500 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 2,500 from 1,941,000 to 1,938,500..."

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

• Click here to view the full Labor Department report

====================  

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

Employment Situation Report for JUNE 2025

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

Nonfarm Payrolls (month-to-month change)
Actual: +147,000

Previous Month (revised): 144,000
One Year Previous: 87,000

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

U-6 Unemployment Rate*
Actual: 7.7%
Previous Month: 7.8%
12 Months Previous: 7.4%

Average Hourly Earnings (month-to-month change)
Predicted: +0.3%
Actual: +0.22% (+$0.08)

Average Hourly Earnings (year-on-year change)
Predicted: +4.0%
Actual: +3.71% (+$1.30)

Average Weekly Earnings (month-to-month change)
Actual: -0.07% (-$0.89)

Average Weekly Earnings (year-on-year change)
Actual: +3.41% (+$40.96)

Civilian Labor Force Participation Rate: 62.3%
Previous Month: 62.4%
12 Months Previous: 62.6%

Average Weekly Hours: 34.2 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
JUNE 2005 THRU JUNE 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.

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

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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

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

Job Openings

Predicted: 7,400,000

• Actual:   7,769,000

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

• Previous Month (revised): 7,395,000
  
  
• One Year Previous: 7,901,000
  
  
• Change from one year previous: -1.67% (-132,000)
  

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

HIRES: 5,503,000

HIRES vs. 12 Months Previous: -1.26% (-70,000)

-----------

QUITS: 3,293,000

QUITS vs. 12 Months Previous: -1.85% (-62,000)

-----------

LAYOFFS + DISCHARGES: 1,601,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: -3.84% (-64,000)

-----------

TOTAL SEPARATIONS ^§: 5,242,000

TOTAL SEPARATIONS vs. 12 Months Previous: -1.35% (-72,000)

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

 

§ = 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
MAY 2010 thru MAY 2025

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

• * = The JOLTS data series began back in December of 2000. 
  
  
• Click here to view the full Labor Department JOLTS report.
  
  

============= 

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

New Unemployment Insurance Claims for The Week of June 21, 2025

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on June 21, 2025:

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

Predicted: 240,000

• Actual: 236,000

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

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): 246,000

• 4-Week Moving Average: 245,000

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

From Today's Report:

 "...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending June 14, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 14 was 1,974,000, an increase of 37,000 from the previous week's revised level. This is the highest level for insured unemployment since November 6, 2021 when it was 2,041,000. 

The previous week's level was revised down by 8,000 from 1,945,000 to 1,937,000.

The 4-week moving average was 1,941,000, an increase of 16,750 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 2,000 from 1,926,250 to 1,924,250..."

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

• Click here to view the full Labor Department report

====================  

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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..."

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

• Click here to view the full Labor Department report

==================== 

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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..."

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

• Click here to view the full Labor Department report

====================  

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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)

===================   

From Today's Report

 

"...This is the first decline in nonfarm business sector labor productivity since the second quarter of 2022..."

 ===================

 Click here to view the full Labor Department report (PDF.)

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

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

   ===================

 * =  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.

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

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

Challenger Job Cuts Report for MAY 2025

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

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

Job Cuts Announced During May 2025: 93,816

• Previous Month: 105,441

  > Change from previous month: -11.03% (-11,625 cuts)

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

• One-Year Previous: 63,816

 > Change from one-year previous: +47.01% (+30,000 cuts)

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

From Today's Report:

"...'Tariffs, funding cuts, consumer spending, and overall economic pessimism are putting intense pressure on companies’ workforces. Companies are spending less, slowing hiring, and sending layoff notices,' said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas.

Why are Companies Cutting in 2025?

'DOGE Impact' remains the leading reason for job cut announcements in 2025, cited in 284,044 planned layoffs so far this year. This includes direct reductions to the Federal workforce and its contractors. Additionally, DOGE Downstream Impact, such as the loss of funding to private Non-Profits, was cited in another 10,459 cuts.

Market and Economic Conditions were the second-most cited reason for workforce reductions, responsible for 131,257 cuts year to date, followed by Closings of stores, units, or plants, which led to 94,439 layoffs.

Restructuring accounted for 62,015 cuts, while Bankruptcy was attributed to 35,501. Notably, Technological Updates, including those related to AI implementation, led to 20,000 job cuts so far in 2025..."

 ================

 

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.

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

Job Cuts - Month-by-Month Totals
MAY 2025 UPDATE
Copyright © Challenger, Gray and Christmas, Inc.

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

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

    ================

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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

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

• Click here to view the full Labor Department report

==================== 

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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

• * = The JOLTS data series began back in December of 2000. 
  
  
• Click here to view the full Labor Department JOLTS report.
  
  

============= 

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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

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

• Click here to view the full Labor Department report

==================== 

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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

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

• Click here to view the full Labor Department report

==================== 

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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

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

• Click here to view the full Labor Department report

==================== 

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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)

===================   

From Today's Report

 

"...This is the first decline in nonfarm business sector labor productivity since the second quarter of 2022..."

 ===================

 Click here to view the full Labor Department report (PDF.)

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

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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

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

• Click here to view the full Labor Department report

==================== 

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

   ===================

 * =  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.

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

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <

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

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

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

• Click here to view the full Labor Department report

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

--> www.FedPrimeRate.com Privacy Policy <-- CLICK HERE to JUMP to the TOP of THIS PAGE >  SITEMAP  <