Economic EventInitial Claims
UnitsThousands of Claims
Current Period09/25/2010
Release DateSep. 30. 10
Reported453
Consensus for Current Period461
Number of Forecasts5
Economic Surprise-8 ( -1.74 % )
Prior Period09/18/2010
Reported Value for Prior Period469
Revised From465
Next Release DateOct. 07. 10
Next Release Time8:30 AM Eastern Time
Source http://ows.doleta.gov/press/2010/093010.asp
NoteThe 4-week moving average was 458,000, a decrease of 6,250 from the previous week " s revised average of 464,250.
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.
Close Window