Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Here come initial jobless claims...

Elena HolodnyJan 26, 2017, 18:40 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 on initial jobless claims will cross the wires at 8:30 a.m. ET.

Economists forecast that claims rose to 247,000, according to the Bloomberg consensus.

The prior Thursday saw claims drop to 234,000, despite expectations of an increase. Moreover, the four-week moving average came in at the lowest level for the average since November 3, 1973.

Claims have been below 300,000 for 98 straight weeks as of last week's data.

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

NOW WATCH: Here's how to use one of the many apps to buy and trade bitcoin

Please enable Javascript to watch this video