Initial Jobless Claims Report

Initial Jobless Claims measure the number of state filings for jobless benefits. Because of seasonal job shifts and dynamics of employment statistics, it's best to look at trends or weekly averages to analyze initial jobless claims report and not single data points. The current administration has made unemployment the barometer for how their economic policy is performing, putting even more importance to this report. Most recent report can be found here

 

Job markets news

The initial jobless claims report should be taken in context with other economic reports. Initial jobless claims are released 8:30 eastern standard time each thursday by the Employment and Training Administration of the Department of Labor. The latest news releases published by the U.S. Department of Labor can be found here