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.
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.
A decreasing number should be taken as positive or bullish.
Released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance.
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.
A decreasing number should be taken as positive or bullish.
