| Jobless Claims
|
|
Released On 4/26/2018 8:30:00 AM For wk4/21, 2018
|
|
Prior | Consensus | Consensus Range |
| New Claims - Level | 232 K | 230 K | 225 K to 231 K | | 4-week Moving Average - Level | 231.25 K | | | | New Claims - Change | -1 K | | |
|
|
|
Consensus Outlook
Initial claims are expected to come in at 230,000 in the April 25 week in what would be a 2,000 rise from the prior week. Readings have been edging higher though still solidly consistent with strong demand for labor.
|
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]](showimage.asp?imageid=35303)
|
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
|
|
| |
|
|
| |
|
|
|
| Legal Notices | ©Copyright 1998-2018 Econoday, Inc.
|
powered by
![[Econoday]](images/logo.gif)
|
