Jobless Claims Data Due Thursday; October Producer Price Index Follows Friday
The U.S. Department of Labor is scheduled to release its weekly unemployment insurance claims report at 8:30 a.m. Eastern on November 12, covering initial claims for the week ended November 7. It is among the data series returning to a regular schedule after the federal government shutdown.
The Bureau of Labor Statistics' official schedule shows no major BLS release on November 12 itself; the Producer Price Index for October is set for release at 8:30 a.m. Eastern on November 13. The October Consumer Price Index was released on November 10.
The previous weekly report, released November 5, showed initial claims of 189,000 for the week ended October 31, down from 195,000 the prior week and below the 221,000 recorded a year earlier.
Weekly claims are a high-frequency gauge of labor market tightness, while the PPI tracks price pressures at the producer level; both series feed into the Federal Reserve's assessment of inflation and employment.
(Source: U.S. Department of Labor)
Source: U.S. Department of Labor
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