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Thursday, May 30, 2024

USD – Jobless Claims 4-week Average

Date

May 30 2024

Time

2:30 pm - 2:30 pm

The Initial Jobless Claims 4-Week Average indicates the number of persons who filed for unemployment insurance for the first time in the last four weeks. The indicator is used to gauge the labor market’s health and the overall health of the US economy. In other words, the indicator indicates the number of persons who lost jobs over the specified time period.

A higher than expected figure should be seen as negative (bearish) for the USD while a lower than expected figure should be seen as positive (bullish) for the USD.

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