And, on Thursday, the Labor Department will release the number
of weekly jobless claims for the past week.
Not exact matches
Meanwhile,
weekly jobless claims totaled 209,000 last week, below a forecast
of 230,000.
Weekly jobless claims totaled 225,000, well below an estimate
of 239,000.
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.
Jobless claims, which are a
weekly guide to employment, declined for the week ending August 30, by 9K down to 322K which is the lowest print
of 2013.
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.
Average
weekly initial
jobless claims are one
of the 10 components
of The Conference Board Leading Economic Index.
Jobless Claims is the number
of people who are filing or have filed to receive unemployment insurance benefits, as reported
weekly by the U.S. Department
of Labor.
In the morning, the U.S. Department
of Labor released its
weekly Initial
Jobless Claims report.
Hurricane Harvey made landfall in Texas at the end
of August, triggering the biggest
weekly spike in
jobless claims since 2012.
Before economic reports like the
weekly jobless claims come out, the media coverage is full
of predictions about how the market is likely to react.
In the case
of Nadex, the underlying market could be a US or international stock index future, a commodity like gold or crude oil, a currency pair like the Euro - US dollar, or even an economic event like the
weekly jobless claims number.
Hurricane Harvey made landfall in Texas at the end
of August, triggering the biggest
weekly spike in
jobless claims since 2012.