Initial Jobless Miss Expectations At 370K

Photo: Flickr via joshuacraig

ORIGINAL POST: Big data point coming up at 8:30 AM ET: Initial jobless claims.Analysts are looking for claims of 365K, down 367k last week.

If you recall, last week’s number was a big relief, as it was down from the previous couple of weeks, which had been spiking.

We’ll have the number here LIVE.

UPDATE: Slight miss. Initial claims come in at 370K, which is the same as last week’s upwardly revised 370K.

Markets still in the red.

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.