INITIAL CLAIMS RISE TO 361K

pinkslip tbi

UPDATE:

Basically right in line.

Analysts expected 360K initial jobless claims

Instead it came in at 361K.

Not going to matter much in any matter.

 

ORIGINAL POST: Initial jobless claims is always one of our favourite indicators.

It comes every week. It’s a great real-time look at the labour market, and it’s a good predictor of the stock market.

Analysts expect claims to come in at 360K, up from 343K last week.

We’ll have the number here LIVE at 8:30 AM ET.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.