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Here come initial jobless claims...

Elena HolodnyMar 17, 2016, 17:39 IST

Mervin Sealy from Hickory, North Carolina, takes part in a protest rally outside the Capitol Building in Washington, October 5, 2011. Demonstrators were demanding that Congress create jobs, not make budget cuts during the protest.Reuters/Jason Reed

Initial jobless claims will be out at 8:30 a.m. ET on Thursday.

Economists are expecting claims to rise slightly to 268,000, according to Bloomberg.

Last week, claims fell by more than expected to 259,000 - the lowest level since October 16.

Moreover, the four-week moving average, which accounts for volatility, fell by 2,500 to 267,500. That number declined for the fourth straight week.

Claims have now run under 300,000 for a full year, as the labor market continues to accelerate towards full employment.

Refresh this page for updates at 8:30 a.m.

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