Economic EventInitial Claims
UnitsThousands of Claims
Current Period03/13/2010
Release DateMar. 18. 10
Reported457
Consensus for Current Period458
Number of Forecasts5
Economic Surprise-1 ( -0.22 % )
Prior Period03/06/2010
Reported Value for Prior Period462
Revised From 
Next Release DateMar. 25. 10
Next Release Time8.30 AM Eastern Time
Source http://ows.doleta.gov/press/2010/031810.asp
NoteThe 4-week moving average was 471,250, a decrease of 4,250 from the previous week " s unrevised average of 475,500.
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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