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.

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