Economic Event Initial Claims Units Thousands of Claims Current Period 09/11/2010 Release Date Sep. 16. 10 Reported 450 Consensus for Current Period 456 Number of Forecasts 5 Economic Surprise -6 ( -1.32 % ) Prior Period 09/04/2010 Reported Value for Prior Period 453 Revised From 451 Next Release Date Sep. 23. 10 Next Release Time 8:30 AM Eastern Time Source http://ows.doleta.gov/press/2010/091610.asp Note The 4-week moving average was 464,750, a decrease of 13,500 from the previous week " s revised average of 478,250. 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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