Ahead of us today, we get Challenger Job Cuts at 7:30, ahead of the ADP Employment Change at 8:15 and
Weekly Jobless Claims at 8:30.
Not exact matches
On the calendar for Thursday, existing home sales are expected
at 10 a.m. EDT and
weekly jobless claims are
at 8:30 a.m. EDT.
Blow - away Philly Fed data
at a 1993 level, slightly stronger consumer inflation data, a surprise jump in home sales and still sub - 300,000
weekly jobless claims.
The economics calendar will be busy Thursday, with the
weekly report on initial
jobless claims, as well as readings on worker productivity and the trade balance are all due
at 8:30 AM ET (1230GMT).
For example,
weekly initial
jobless claims are currently running
at around the 345,000 level, which in the past has been consistent with monthly employment gains of around 150,000; the manufacturing ISM employment index is
at a 20 - year high; and growth in temporary - help services employment (which tends to lead overall employment) has picked up.
Hurricane Harvey made landfall in Texas
at the end of August, triggering the biggest
weekly spike in
jobless claims since 2012.
Hurricane Harvey made landfall in Texas
at the end of August, triggering the biggest
weekly spike in
jobless claims since 2012.