Economic Event Initial Claims Units Thousands of Claims Current Period 04/16/2011 Release Date Apr. 21. 11 Reported 403 Consensus for Current Period 395 Number of Forecasts 6 Economic Surprise 8 ( 2.03 % ) Prior Period 04/09/2011 Reported Value for Prior Period 416 Revised From 412 Next Release Date Apr. 28. 11 Next Release Time 8:30 AM Eastern Time Source https://ows.doleta.gov/press/2011/042111.asp Note The 4-week moving average was 399,000, an increase of 2,250 from the previous week " s revised average of 396,750. 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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