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Initial Jobless Claims

By Apr 16, 2008 08:00PM ET
www.investing.com/analysis/est%C3%A1-na-hora-de-reformar-o-pasto-6168
Initial Jobless Claims
By   |  Apr 16, 2008 08:00PM ET
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Previous: 357 Thousand
 
Forecast: 365 Thousand 
 
Definition 
Is and index reported on a weekly basis which track the change in the number of people filing for unemployment benefits in the previous week. Release usually every Thursday at 13:30 GMT and considered a gauge to the health of the labor market; yet mostly the four-week average is the figure looked at the most especially when projecting the renounced labor report in the US, the Nonfarm Payrolls.
 
General Effect
Occasionally moves market, timely. Considered a good gauge of the condition of the labor market and good indicator to the tone of the employment report.
the series are volatile and subject to revisions. The four-week average is used to gauge the underlying trend in claims.

The effect of the rising number is negative for both the dollar and the indices.

Initial Jobless Claims
 

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Initial Jobless Claims

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