HALISTER1: U.S. ECO PREVIEW: Initial Jobless Claims Due in 5 Minutes

U.S. ECO PREVIEW: Initial 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 220k to 255k (47 estimates)
  • Cont. Claims 2040k; range 2030k to 2050k (6 estimates)
    • "While weather-related disruptions may have distorted recent postings in the jobless claims data, the underlying trend is unmistakable: Demand for workers is strong, and employers have exhibited no desire to furlough staff": Bloomberg Intelligence
    • Initial jobless claims have been below 300,000 for 106 weeks in a row, the longest stretch in more than four decades

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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