Labor Market Dashboard

WEEKLY TRENDS

Simple year-over-year comparison of unemployment insurance claims

Track how 2025 unemployment claims compare to previous years - clear trends, easy insights.

Data Period: Week Ending Aug 16, 2025 | All States
193K This Week (Initial Claims)
192K Same Week 2024
β‰ˆ Same vs 2024

πŸ“Š What's Happening Right Now

This week, 193,000 people filed new unemployment claims. This is essentially unchanged from previous years - virtually identical to the same week in 2024 (192K) and close to 2022 (187K). After some volatility including a spike to 260K three weeks ago, the level has stabilized around the low-to-mid 190s, following typical summer seasonal patterns.

How Does 2025 Compare?

Initial Claims by Week: 2022 vs 2023 vs 2024 vs 2025

Each line shows how many people filed for unemployment each week. Lower is better. We're currently at week 32.

This Week (Aug 16)
193K
New unemployment filings
Same Week 2024
192K
1K less than this year
Same Week 2023
199K
6K more than this year
Same Week 2022
187K
6K less than this year

People Still on Unemployment (Weeks Claimed): 2022 vs 2023 vs 2024 vs 2025

This shows how many people are receiving unemployment benefits each week. 2025 shows mixed patterns compared to recent years.

πŸ’‘ Key Takeaway

Stability: New unemployment claims are running at very similar levels to recent years, suggesting stable labor market conditions. Watch this: After some summer volatility (peaking at 260K), claims have settled back to typical levels around 193K.

Which States Have the Most Claims?

πŸ—ΊοΈ State Analysis - Per-Capita Perspective

When we look at unemployment claims relative to each state's population, a different picture emerges. While California still leads in raw numbers (38,036 claims), on a per-capita basis, other states show higher unemployment stress. This analysis shows claims per 1,000 people, giving us a better view of which states face the most unemployment pressure relative to their size.

States by Unemployment Rate - Claims per 1,000 People (Aug 16, 2025)

California
38,036
0.98 per 1,000 people
New Jersey
9,045
0.97 per 1,000 people
Illinois
9,402
0.75 per 1,000 people
Pennsylvania
9,674
0.74 per 1,000 people
New York
13,322
0.68 per 1,000 people
Washington
4,829
0.62 per 1,000 people

πŸ“Š Per-Capita Analysis Reveals Different Story

Why per-capita matters: Raw numbers favor large states, but per-capita rates show which states have the highest unemployment stress relative to their population. California (0.98 per 1,000) and New Jersey (0.97 per 1,000) show the highest relative rates, while states like Texas (0.50 per 1,000) and Florida (0.27 per 1,000) show much lower unemployment pressure despite their large populations.

What Should We Pay Attention To?

βœ… Good News

Stable conditions: 193K claims this week is virtually identical to 2024 (192K) and close to historical norms, suggesting steady labor market performance.

Recovery from volatility: After spiking to 260K in mid-July, claims have stabilized back to normal levels around 193K.

⚠️ Things to Watch

Summer volatility patterns: We saw significant fluctuation with claims jumping from 193K to 260K and back to 193K over the past few weeks.

Continuing claims trends: At 1.95 million people receiving benefits, levels remain comparable to recent years but worth monitoring for changes.

🎯 Bottom Line

The job market shows stable conditions in August 2025. New unemployment claims at 193K are running at levels nearly identical to recent years, indicating steady labor market fundamentals. The temporary spike to 260K in mid-July has resolved, with claims returning to typical summer levels. The data suggests neither significant improvement nor deterioration, but rather a labor market operating within normal parameters.

Claims Level Trend
Stable
Similar to recent years
Recent Direction
Stabilizing
Down from 260K spike
Overall Assessment
Steady
Normal seasonal patterns

Recent 8-Week Trend: Are Things Getting Better or Worse?

The blue line shows actual claims, the dashed line shows the smoothed trend. Recent stabilization after mid-summer volatility.

Weekly analysis of U.S. Department of Labor unemployment insurance data β€’ Simple insights, clear trends