Economic Event Initial Claims Units Thousands of Claims Current Period 10/16/2010 Release Date Oct. 21. 10 Reported 452 Consensus for Current Period 453 Number of Forecasts 6 Economic Surprise -1 ( -0.22 % ) Prior Period 10/09/2010 Reported Value for Prior Period 475 Revised From 462 Next Release Date Oct. 28. 10 Next Release Time 8:30 AM Eastern Time Source http://ows.doleta.gov/press/2010/102110.asp Note The 4-week moving average was 458,000, a decrease of 4,250 from the previous week " s revised average of 462,250. 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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