U.S. ECO PREVIEW: Jobless Claims Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
Alert: HALISTER1- Initial Claims 245k; range 230k to 260k (42 estimates)
- Cont. Claims 2060k; range 2050k to 2070k (6 estimates)
- Four-week average declined to lowest since July 1973 in prior report; claims below 300,000 for 103 consecutive weeks, longest period since 1970
- "First-time and continuing claims are at the lowest levels since the early 1970s, which is testament to the solid state of the labor market. This suggests that employers see demand increasing, necessitating fully-staffed operations": Bloomberg Intelligence
Source: BFW (Bloomberg First Word)
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UUID: 7947283