2018 Economic Calendar
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Jobless Claims  
Released On 7/19/2018 8:30:00 AM For wk7/14, 2018
PriorConsensusConsensus Range
New Claims - Level214 K220 K215 K to 225 K
4-week Moving Average - Level223.00 K
New Claims - Change-18 K

Consensus Outlook
Initial claims are expected to come in at 220,000 in the July 14 week vs 214,000 in the prior week. All readings in this report are at or near historic lows 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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