Jobless claims

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Initial Jobless Claims is a report issued by the U.S. Department of Labor on a weekly basis. This report tracks how many people have filed for unemployment benefits in the previous week. It is a good gauge of the U.S. job market. For instance, when more people file for unemployment benefits, less people have jobs, and vice versa. Investors can use this report to gather pertinent information about the economy. The report is released at 13:30 GMT on Thursdays and can be a market moving event.