New weekly jobless claims likely took another step lower last week, with the labor market’s recovery still making headway despite the lingering threat of the Delta variant.
The Labor Department is set to release its weekly jobless claims report on Thursday at 8:30 a.m. ET. Here are the main metrics expected from the print, compared to consensus estimates compiled by Bloomberg:
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Initial unemployment claims, week ended August 7: 375,000 expected and 385,000 during prior week
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Continuing claims,…
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