Economic Event Initial Claims Units Thousands of Claims Current Period 10/24/2009 Release Date Oct. 29. 09 Reported 530 Consensus for Current Period 524 Number of Forecasts 6 Economic Surprise 6 ( 1.15 % ) Prior Period 10/17/2009 Reported Value for Prior Period 531 Revised From   Next Release Date Nov. 05. 09 Next Release Time 8:30 AM Eastern Time Source http://ows.doleta.gov/press/2009/102909.asp Note The 4-week moving average was 526,250, a decrease of 6,000 from the previous week " s unrevised average of 532,250. 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.

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