Economic EventInitial Claims
UnitsThousands of Claims
Current Period01/10/2009
Release DateJan. 15. 09
Reported524
Consensus for Current Period520
Number of Forecasts5
Economic Surprise4 ( 0.77 % )
Prior Period01/03/2009
Reported Value for Prior Period470
Revised From467
Next Release DateJan. 22. 09
Next Release Time8:30 AM Eastern Time
Source http://ows.doleta.gov/press/2009/011509.asp
Note 
DescriptionInitial jobless claims measure the amount of filings for state jobless benefits. This indicator of the direction of the economy can be misleading, with increases in claims potential signaling slowing job growth. Typically a four week moving average provides a better sense of the underlying trend. A move of 30K is necessary to signal a meaningful change in job growth.
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