2018 Economic Calendar
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Jobless Claims  
Released On 1/18/2018 8:30:00 AM For wk1/13, 2018
PriorConsensusConsensus Range
New Claims - Level261 K250 K239 K to 265 K
4-week Moving Average - Level250.75 K
New Claims - Change11 K

Recent History Of This Indicator
Initial claims are expected to come in at 250,000 in the January 13 week compared to 261,000 in the January 6 week which was unusually high and which hinted at a possible rise in layoffs. The January 13 week is also the sample week for the January employment report which, together with the weakness in the January 6 week, will focus strong attention on this report.

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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