Weekly Unemployment Claims (every Thursday)
Neither of this morning’s economic releases carry much significance. Last week’s unemployment numbers were posted at 8:30 AM ET. They showed that 218,000 news claims for unemployment benefits were filed last week. This was an increase from the previous week’s revised 215,000 initial filings, hinting that the employment sector was slightly softer than the previous week. Although, with this being just a weekly snapshot, there was not enough of a change to draw much attention or affect this morning’s rates.