Initial Jobless Claims Actual: 576K Cons.: 548K Previous:...

  1. 880 Posts.
    Initial Jobless Claims
    Actual: 576K Cons.: 548K Previous: 558K

    The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Therefore, a decreasing number should be taken as positive or bullish for the USD

    http://www.fxstreet.com/fundamental/economic-calendar/?id=f270512f-3534-4134-b38c-57639284d0eb#flag
 
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