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Here come initial jobless claims...

Elena HolodnyJan 5, 2017, 18:46 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

The latest reading for initial jobless claims will be out at 8:30 a.m. ET.

Economists forecast that claims, which provide a reading of the labor market's health and the pace of layoffs, fell to 260,000.

The prior Thursday saw claims fall by 10,000 to 265,000, in line with expectations.

As of last week, claims have been below 300,000 for 95 straght weeks - the longest streak since 1970.

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

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