Here come initial jobless claims...
Advertisement
Spencer Platt/Getty Images
Advertisement
Economists forecast that claims, which count the number of people who applied for unemployment insurance for the first time in the past week, climbed to 240,000.
Last week, claims fell to 234,000 from an upwardly revised 235,000.
Initial jobless claims are used as a real-time proxy for the pace of layoffs and the overall health of the labor market since people usually file for benefits soon after they lose their jobs.
Next StoryAdvertisement
I spent 2 weeks in India. A highlight was visiting a small mountain town so beautiful it didn't seem real. 
I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
8 Lesser-known places to visit near Nainital
World Liver Day 2024: 10 Foods that are necessary for a healthy liver
Essential tips for effortlessly renewing your bike insurance policy in 2024
Indian Railways to break record with 9,111 trips to meet travel demand this summer, nearly 3,000 more than in 2023
India's exports to China, UAE, Russia, Singapore rose in 2023-24
