2018 Economic Calendar
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Jobless Claims  
Released On 4/19/2018 8:30:00 AM For wk4/14, 2018
PriorConsensusConsensus Range
New Claims - Level233 K230 K225 K to 230 K
4-week Moving Average - Level230.00 K
New Claims - Change-9 K

Consensus Outlook
Initial claims are not expected to increase in the April 18 week with the consensus at 230,000 in what would be 3,000 decline. The 4-week average has been edging higher though the level remains low and 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]
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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