Initial jobless claims are a data point issued by the U.S. Department of Labor. Initial claims should not be confused with the number of people who actually receive unemployment benefits. The report is released weekly at 08: 30 Eastern Time on Thursdays.
About Jobless claims in brief
Initial jobless claims are a data point issued by the U.S. Department of Labor as part of its weekly Unemployment Insurance Weekly Claims Report. Initial claims should not be confused with the number of people who actually receive unemployment benefits. The report is released weekly at 08: 30 Eastern Time on Thursdays. The employment situation is extremely important for a macroeconomic analysis, so the financial markets track employment indicators, although this is a low impact indicator compared with the monthly BLS’s \”Employment Report\”.
This report tracks how many new people have filed for unemployment benefits in the previous week.
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This page is based on the article Jobless claims published in Wikipedia (as of Feb. 11, 2021) and was automatically summarized using artificial intelligence.
