Economic Event Initial Claims Units Thousands of Claims Current Period 03/26/2011 Release Date Mar. 31. 11 Reported 388 Consensus for Current Period 379 Number of Forecasts 8 Economic Surprise 9 ( 2.37 % ) Prior Period 03/19/2011 Reported Value for Prior Period 394 Revised From 382 Next Release Date Apr. 07. 11 Next Release Time 8:30 AM Eastern Time Source https://ows.doleta.gov/press/2011/033111.asp Note The 4-week moving average was 394,250, a increase of 3,250 from the previous week " s revised average of 391,000. 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.

Close Window