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Here come initial jobless claims ...

Aug 20, 2015, 17:37 IST

TBI

At 8:30 a.m. ET, we'll get the latest weekly tally of initial jobless claims.

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Economists estimate that claims for unemployment insurance fell to 271,000 last week from 274,000 in the prior period, according to Bloomberg.

The data last week showed that the four-week average of claims fell to 266,250, the lowest since April 15, 2000.

In a preview of the data to clients, Deutsche Bank's Joe LaVorgna wrote: "Thursday's initial jobless claims data take on added significance since they cover the August employment survey period. While the claims numbers are expected to remain near a four-decade low, August nonfarm payrolls could disappoint given their historical tendency to do so."

We'll be back with the numbers once they cross.

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