Initial Jobless Claims

US Initial Unemployment Claims — Historical Chart

199,000

▼ 9.13% YoYAug 2026

All-Time High

6,137,000

All-Time Low

162,000

Data Since

1967

Source: FRED / DOLShaded = NBER recessions

Weekly initial unemployment insurance claims — the most timely labor market indicator available. A sharp spike above 300K+ historically signals recession. The COVID spike to 6.9M in April 2020 is the most extreme reading in history by a factor of 10.

Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.