Monday, September 15, 2025

US Jobless Claims Hits Unadjusted Record of 2.89 Million; Up Over 1,000%

According to the US Department of Labor the week ending March 21, seasonally adjusted initial jobless claims was 3,283,000, an increase of 3,001,000 from the previous week’s revised level. Setting a record level of seasonally adjusted initial claims, from the previous high of 695,000 in October of 1982. The 4-week moving average was 998,250, an increase of 765,750 from the previous week’s revised average. The previous week’s average was revised up by 250 from 232,250 to 232,500.

Source: https://www.dol.gov/

The unadjusted number came in at 2,898,450 for the week, an increase of 2,647,034 (or 1,052.9%) from the previous week.

Source: https://www.dol.gov/

This on the heels of a $2 trillion stimulus package passed Wednesday, that has $500B earmarked in direct payments and unemployment enhancements to combat the economic crisis caused by the virus.

At the time of publishing, the Dow Futures are down 1.17% to $20,780.


Information for this briefing was found via the provided links. The author has no securities or affiliations with any of the mentioned securities. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

US Bureau of Labor Stats: Unemployment Soars To 14.7% in April

The US Bureau of Labor Statistics put out its much anticipated labor statistics this morning,...

Friday, May 8, 2020, 09:29:40 AM

US Jobless Claims on the Rise, But Still Sit at Record-Low Levels

First-time applications for jobless benefits jumped to the highest level in over 12 months, but...

Thursday, April 13, 2023, 11:36:00 AM

US Sheds Another 3.2M Jobs Last Week; More than 33M Over Last 7 Weeks

This morning the Department of Labor released the jobless claim data for week ended May...

Thursday, May 7, 2020, 09:04:12 AM

US Jobless Claims Unexpectedly Rise Despite Improving Labour Market

New claims for unemployment benefits unexpectedly increased last week, despite ongoing vaccine rollouts and business...

Saturday, April 3, 2021, 11:26:00 AM

US Jobless Claims Down For Second Week Amid Labour Market Strength

It appears that America’s labour market is still strong despite rising economic uncertainty and threats...

Saturday, August 27, 2022, 01:07:00 PM