Economic Event Initial Claims Units Thousands of Claims Current Period 12/05/2009 Release Date Dec. 10. 09 Reported 474 Consensus for Current Period 464.2 Number of Forecasts 6 Economic Surprise 9.8 ( 2.11 % ) Prior Period 11/28/2009 Reported Value for Prior Period 457 Revised From   Next Release Date Dec. 17. 09 Next Release Time 8:30 AM Eastern Time Source http://ows.doleta.gov/press/2009/121009.asp Note The 4-week moving average was 473,750, a decrease of 7,750 from the previous week " s revised average of 481,500. 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