2018 Economic Calendar
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Jobless Claims  
Released On 2/22/2018 8:30:00 AM For wk2/17, 2018
PriorConsensusConsensus Range
New Claims - Level230 K230 K227 K to 235 K
4-week Moving Average - Level228.50 K
New Claims - Change7 K

Recent History Of This Indicator
Initial claims are expected to come in at 230,000 in the February 17 week which would be unchanged from the prior week. Claims have been low and consistent with minimal layoffs and strong demand for labor.

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
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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