| has gloss | eng: Initial Jobless Claims is a report issued by the U.S. Department of Labor on a weekly basis. The employment situation is extremely important for a macroeconomic analysis, so the financial markets tracks employment indicators, although this is a low impact one compared with the monthly BOLs "Employment Report". This report tracks how many people have filed for unemployment benefits in the previous week. It is a good gauge of the U.S. job market. For instance, when more people file for unemployment benefits, fewer people have jobs, and vice versa. Investors can use this report to gather pertinent information about the economy, but its a very volatile data, so the four week average of jobless claims is monitored. |