Weekly Unemployment Claims (every Thursday)
Tomorrow has two pieces of data for the markets to digest, neither of which carry much importance. At 8:30 AM ET, last week’s unemployment figures will be posted. They will give us a measurement of employment sector strength but are not considered to be key numbers because it is only a weekly snapshot. Analysts were expecting to see that 236,000 new claims for unemployment benefits were filed last week. This would be a decline from the previous week’s 243,000 initial filings. Good news would be an increase as rising claims is a sign of weakness in the sector.