Economic Event Initial Claims Units Thousands of Claims Current Period 06/12/2010 Release Date Jun. 17. 10 Reported 472 Consensus for Current Period 456 Number of Forecasts 5 Economic Surprise 16 ( 3.51 % ) Prior Period 06/05/2010 Reported Value for Prior Period 460 Revised From 456 Next Release Date Jun. 24. 10 Next Release Time 8:30 AM Eastern Time Source http://ows.doleta.gov/press/2010/061710.asp Note The 4-week moving average was 463,500, a decrease of 500 from the previous week " s revised average of 464,000. 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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