2019 Economic Calendar
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Jobless Claims  
Released On 1/24/2019 8:30:00 AM For wk1/19, 2019
 PriorPrior RevisedConsensusConsensus RangeActual
Initial Claims - Level213 K212 K218 K215 K to 221 K199 K
Initial Claims - Change-3 K-4 K-13 K
4-Week Moving Average220.75 K220.50 K215.00 K
US 6-Mo ChartGlobal Current
performance relative to consensus

Consensus Outlook
Federal employees on furlough drove up initial jobless claims in the January 5 and January 12 weeks but still only moderately. Claims have been very low and forecasters see only a limited increase in the January 19 week, at a consensus 218,000 vs what was a lower-than-expected 213,000 in the prior week.

Relative Performance Index

Econoday's RPI provides a handy summary measure of how an economy has recently been evolving relative to market expectations.
A reading above zero means that the economy in general has been performing more strongly than expected and vice versa for a reading below zero. The closer is the value to the maximum (+100) or minimum (-100) levels, the greater is the degree to which markets have been under- or over-estimating economic activity. A zero outturn would imply that, on average, the market consensus has been correct. Note too that the index is sensitized to place extra weight upon those indicators that investors consider to be the most important.

 

Definition
New unemployment claims are compiled weekly to show the number of individuals who filed for unemployment insurance for the first time. An increasing (decreasing) trend suggests a deteriorating (improving) labor market. The four-week moving average of new claims smooths out weekly volatility. Why Investors Care

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