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Economy/Jobless Claims
LaborUpdated with every release

Initial Jobless Claims

Initial jobless claims count the number of people filing new claims for state unemployment benefits each week. Published every Thursday by the Department of Labor with just a one-week lag, it is one of the timeliest economic series available — capturing layoff activity in real time, long before it surfaces in the monthly jobs report.

Latest reading

As of July 18, 2026, Jobless Claims (Initial claims) stands at 187K — down from 209K the prior reading. Single weeks are noisy thanks to holidays, weather, and seasonal quirks, so the 4-week moving average is the cleaner signal. Below ~250K points to a healthy labor market; sustained readings above ~300K have historically preceded recessions. The trend matters more than any one print — pair it with continued claims for the full picture of labor-market slack. Series history runs from 1967 to present.

Sources, methodology & freshnessLast updated 2026-07-24 · Open ↓
Source
US Department of Labor via FRED (ICSA), weekly, seasonally adjusted
Methodology
Complete weekly history, charted as released — release-dated readings, no smoothing or adjustment beyond what the chart legend states
Updates
Weekly, with every releaseLast: 2026-07-24
Maintained & reviewed by Yuriy Matso — methodology shown on the page.
Jobless ClaimsReleased 2026-07-23covers 2026-07-18
187K
from 217K

Initial claims

All-time high 6.14M (2020-04)
All-time low 162K (1968-11)
Since 1967
Observations 3,107

Next release: Jul 30, 2026

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Full history

Range:
Initial claims4-week averageSPY price (right, since 1993)
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Methodology & data

Jobless Claims is sourced from DOL via the Federal Reserve's FRED service (US Department of Labor via FRED (ICSA), weekly, seasonally adjusted). We pull the complete history, chart it on a weekly basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.

Every reading is stamped with its release date, last updated 2026-07-24. Maintained and reviewed by Yuriy Matso; see our methodology for the standards every series on the site is held to.

03

Frequently asked questions

What is the Initial Jobless Claims?

Initial jobless claims count the number of people filing new claims for state unemployment benefits each week. Published every Thursday by the Department of Labor with just a one-week lag, it is one of the timeliest economic series available — capturing layoff activity in real time, long before it surfaces in the monthly jobs report.

How do you read Jobless Claims?

Single weeks are noisy thanks to holidays, weather, and seasonal quirks, so the 4-week moving average is the cleaner signal. Below ~250K points to a healthy labor market; sustained readings above ~300K have historically preceded recessions. The trend matters more than any one print — pair it with continued claims for the full picture of labor-market slack.

Where does the Jobless Claims data come from?

US Department of Labor via FRED (ICSA), weekly, seasonally adjusted. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/jobless-claims.csv.

How often is Jobless Claims updated?

Jobless Claims is a weekly series from DOL, refreshed here as soon as a new release posts to FRED.

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