Initial jobless claims

OK · 195k · Labor · weight 1 · ICSA

4-week average rising — earliest real-time labor signal.

Weekly initial jobless claims are the highest-frequency labor indicator that exists — a rising four-week average means layoffs are starting in real time, weeks before payrolls confirm it. It is the earliest real-time labor signal on the panel.

Rule

{"type":"any_of","branches":[{"type":"streak","direction":"up","warn_count":8,"critical_count":12},{"type":"rise_from_trough","window":52,"rise_pct":15,"critical_pct":25}]}

Source series on FRED →

Glossary: Jobless claims →

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