Here Come Initial Jobless Claims ...
Good morning!
It's New Year's Eve morning here in New York City, and at the bottom of the hour we will get 2014's final initial jobless claims report.
Expectations are for claims to total 290,000, up slightly from last week's 280,000.
Initial claims have had a huge year, with 2014's first claims report coming in at 333,000 and claims trending downwards for most of the year.
As our regular readers know, claims are usually a Thursday morning event, but due to tomorrow's New Year's Day holiday and last week's Christmas holiday, we've closed the year with two rescheduled reports.
Next week, we'll be back on track to start 2015 right.
Here's 2014 in initial claims.