Weekly Claims for Unemployment Insurance
Market Sensitivity: High.
What Is It: Tracks new filings for unemployment insurance benefits.
News Release on Internet: www.ows.doleta.gov/unemploy/claims_arch
Home Web Address: www.ows.doleta.gov
Release Time: 8:30 A.M. (ET) every Thursday; covers the week ending the previous Saturday.
Source: Employment and Training Administration, Department of Labor.
Revisions: Minor changes.
Why Is It Important
Experts have paid closer attention to this indicator in the last few years even though it has been around since 1967. Improved monitoring by the Labor Department has made the series more accurate in gauging labor market conditions. The main appeal of the jobless claims report is its timeliness. ...