Economic Report:Continuing Jobless Claims
Released by:U.S. Department of Labor
Release Date/Time:8:30a.m. Weekly, every Thursday
Description:A a measure of the number of individuals who are unemployed and are currently receiving unemployment benefits. It presents the strength in the labor market. A rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally speaking, a high reading is seen as negative, or bearish for the stock market, while a low reading is seen as positive, or bullish.