2018 Economic Calendar
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Jobless Claims  
Released On 1/25/2018 8:30:00 AM For wk1/20, 2018
PriorConsensusConsensus Range
New Claims - Level220 K240 K225 K to 245 K
4-week Moving Average - Level244.50 K
New Claims - Change-41 K

Recent History Of This Indicator
The steep 41,000 drop in initial claims during the January 13 week to 220,000, which was perhaps skewed lower by an unusual number of state estimates, is expected to be reversed in part during the January 20 week where the consensus is 240,000.

Definition
New unemployment claims are compiled weekly to show the number of individuals who filed for unemployment insurance for the first time. An increasing (decreasing) trend suggests a deteriorating (improving) labor market. The four-week moving average of new claims smooths out weekly volatility.  Why Investors Care
 
[Chart]
Weekly series fluctuate more dramatically than monthly series even when the series are adjusted for seasonal variation. The 4-week moving average gives a better perspective on the underlying trend.
Data Source: Haver Analytics
 
 

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