Here come initial jobless claims...

joblessMervin 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 on initial jobless claims will be out at 8:30 a.m. ET.

Economists forecast that claims ticked up to 252,000 last week, according to the Bloomberg consensus.

Claims climbed by 10,000 to 247,000 the prior Thursday, below economists' expectations of an increase to 255,000.

As of last week, claims have been below 300,000 for 97 straight weeks.

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

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