Initial Claims

DEFINITION of 'Initial Claims'

A measure of the number of jobless claims filed by individuals seeking to receive state jobless benefits. This number is watched closely by financial analysts because it provides insight into the direction of the economy. Higher initial claims correlate with a weakening economy.

BREAKING DOWN 'Initial Claims'

The strength of a nation's economy will have an impact on the appreciation or depreciation of its currency against other major currencies. Therefore, forex traders typically look at the initial claims figure as part of their analyses when assessing a currency's prospects for the immediate future. Generally speaking, week-by-week numbers are too volatile to get an accurate picture of economic changes, so four-week moving averages are typically used for the initial claims metric.

RELATED TERMS
  1. Jobless Claims

    The number of people who are filing or have filed to receive ...
  2. Claims Reserve

    The claims reserve is money that is earmarked for the eventual ...
  3. Frequency-Severity Method

    An actuarial method for determining the expected number of claims ...
  4. Unemployment Claim

    A request made by an individual to the state government to receive ...
  5. Adjuster

    An insurance claims agent. A claims adjuster is charged with ...
  6. Associate In Claims - AIC

    A professional designation designed to provide claims professionals ...
Related Articles
  1. Trading

    Trading With The Jobless Claims Report

    Introduction to the jobless claims report. This article looks at what jobless claims tell us about the economy's health and how to interpret the data contained in the release.
  2. Markets

    U.S. Jobless Claims Spike Unexpectedly

    The number of Americans filling for unemployment benefits increased well above economists forecasts, suggesting possible slowing of the US labor market.
  3. Retirement

    Economic Indicators: Jobless Claims Report

    By Ryan Barnes Release Date: Weekly; Thursdays, prior to market open Release Time: 8:30am Eastern Standard Time Coverage ...
  4. Markets

    Initial Jobless Claims Drop

    The Department of Labor reported an unrevised estimate of 269,000 initial jobless claims for the week of February 6 on Thursday, down 16,000 from the previous week and 33,000 from the prior-year ...
  5. Markets

    Tax Receipts Indicate the U.S. Economy Is Still OK

    When the economic data send conflicting signals with respect to the near-term growth outlook, it is useful to focus on high frequency data series that either do not get revised or only get revised ...
  6. Personal Finance

    How Insurance Companies Detect Insurance Scams

    Insurance companies have full fraud detection departments tasked with both preventing scams and recouping money paid out for false claims.
  7. Markets

    Initial Jobless Claims Mark 8% Decline From 2015

    On Thursday the Department of Labor reported seasonally adjusted initial jobless claims of 262,000 for the week ending February 13, 4.7% lower than Reuters' consensus estimate of 275,000 and ...
  8. Markets

    Investopedia's Forex Outlook For November 2012: Upcoming Events To Watch

    November 1 - Germany's PMI Manufacturing Index will be released, which will provide insight into the health of Germany's manufacturing sector. After seven straight months of decline, traders ...
  9. Trading

    Using Currency Correlations To Your Advantage

    Knowing the relationships between pairs can help control risk exposure and maximize profits.
  10. Personal Finance

    How Are Home Insurance Rates Determined?

    You home's value is one of the driving forces behind your home insurance premium and the amount of coverage you receive.
RELATED FAQS
  1. Can I claim Social Security spousal benefits?

    At 62 I started Social Security benefits. I returned to work full time at 67 and suspended my benefits to prevent my income ... Read Answer >>
  2. How do I file a proof of claim against someone who has filed bankruptcy?

    Find out how to file a proof of claim as a creditor when someone who owes you money submits a bankruptcy petition, halting ... Read Answer >>
  3. When should I claim my spousal benefits?

    I am 63 and my wife is 66. She is exactly 3 years older than me. She has filed and suspended. I plan to work until I am 7 ... Read Answer >>
  4. Am I eligible to file for my ex-husband's benefits before he files them himself?

    I am 63. I turned 62 before January 1st, 2016. I was previously married for over ten years. I am 1 1/2 years older than my ... Read Answer >>
  5. Can I receive my ex-spouse's benefits if my current amount is less than 50% of his ...

    I was married to my ex husband for 12 years and have never remarried. I am 63 years old and am considering filing a claim ... Read Answer >>
  6. How are open market operations and monetary policy related?

    Understand the meaning of an aggregate limit in an insurance policy as well as which types of insurance companies are most ... Read Answer >>
Hot Definitions
  1. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  2. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  3. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  4. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  5. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
  6. Real Rate Of Return

    The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other ...
Trading Center