U.S. ECO PREVIEW: Jobless Claims Due in 5 Minutes
(Bloomberg) -- Following are
forecasts for today’s U.S. economic releases as compiled by Bloomberg News.
- Initial Claims 240k; range 230k to 245k (42 estimates)
- Cont. Claims 1920k; range 1913k to 1995k (6 estimates)
- Jobless claims are hovering near a 43-year-low
- "Finding skilled workers is one of the most common challenges for businesses today -- hence companies opt to retain staff because finding, rehiring and retraining furloughed workers is a costly endeavor": Bloomberg Intelligence
- The prior report showed jobless claims rose by 13,000 in the week ended May 27 to 248,000
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