Tickers: WJC, WJCG, IJC, IJCG, CCSA, CCSAG
Claims for unemployment are used as a barometer for the pace of layoffs in the general economy. The weekly results for the applications can be volatile, so the four-week moving average is used to detect underlying trends. Some investors use Jobless Claims to build out their outlook for economic performance and conditions.
IJC: Weekly Initial Jobless Claims
IJCG: YoY Change for Weekly Initial Jobless Claims
CCSA: Weekly Continued Claims (Insured Unemployment)
CCSAG: YoY Change for Weekly Continued Claims (Insured Unemployment)
Economists, employers, prospective employees, investors, policymakers
It tells you the amount of people filing for unemployment benefits. It is a telling sign of where unemployment rates are heading if there is a sustained rise in jobless claims. Increasing numbers are typically bad news for the economy.
