What is the United States Initial Jobless Claim

1 minute publication
3 min readDec 29, 2022
Photo by The New York Public Library on Unsplash

What is it?

  • Initial jobless claims are a measure of the number of individuals who filed for unemployment insurance for the first time during the past week.
  • They are an indicator of the health of the labor market
  • A rise in initial jobless claims suggests that more people are losing their jobs and becoming unemployed.
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