Initial Jobless Claims Worse Than Expectations At 418K

pinkslip tbi

The number: 418K is a bit worse than expectations of 410K.

Last week’s 405K was revised higher to 408K.

Not good.

Markets still remain higher.

Original post: We interrupt your regularly scheduled Europe news to bring you some domestic US data.

Initial jobless claims are out at 8:30 AM, and analysts expect 410K, another number that’s just hovering above 400K, which is where it’s been basically forever.

Last week was 405K.

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