Initial Claims

AAA

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.

INVESTOPEDIA EXPLAINS '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. National Average Wage Index - NAWI

    An index calculated annually by the Social Security Administration ...
  2. Jobs Growth

    A component of the Employment Situation Summary, reported monthly ...
  3. Employment And Training Administration ...

    A federal agency that operates under the U.S. Department of Labor. ...
  4. Birth-Death Ratio

    A figure that represents the net number of jobs provided from ...
  5. Help-Wanted Index - HWI

    The U.S. job market index, published monthly by the Conference ...
  6. Unemployment Rate

    The percentage of the total labor force that is unemployed but ...
Related Articles
  1. The Fundamentals Of Forex Fundamentals
    Forex Education

    The Fundamentals Of Forex Fundamentals

  2. What You Need To Know About The Employment ...
    Economics

    What You Need To Know About The Employment ...

  3. Explaining The World Through Macroeconomic ...
    Options & Futures

    Explaining The World Through Macroeconomic ...

  4. A Guide To Conference Board Indicators
    Markets

    A Guide To Conference Board Indicators

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center