Economic Event Initial Claims Units Thousands of Claims Current Period 09/26/2009 Release Date Oct. 01. 09 Reported 551 Consensus for Current Period 524 Number of Forecasts 6 Economic Surprise 27 ( 5.15 % ) Prior Period 09/19/2009 Reported Value for Prior Period 534 Revised From 530 Next Release Date Oct. 08. 09 Next Release Time 8:30 AM Eastern Time Source http://ows.doleta.gov/press/2009/100109.asp Note The 4-week moving average was 548,000, a decrease of 6,250 from the previous week " s revised average of 554,250. Description Initial 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.

Close Window