Economic Event Initial Claims Units Thousands of Claims Current Period 10/09/2010 Release Date Oct. 14. 10 Reported 462 Consensus for Current Period 445 Number of Forecasts 6 Economic Surprise 17 ( 3.82 % ) Prior Period 10/02/2010 Reported Value for Prior Period 449 Revised From 445 Next Release Date Oct. 21. 10 Next Release Time 8:30 AM Eastern Time Source http://ows.doleta.gov/press/2010/101410.asp Note The 4-week moving average was 459,000, an increase of 2,250 from the previous week " s revised average of 456,750. 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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