Weekly Unemployment Claims (every Thursday)
The second release of the morning was last week's unemployment figures, also at 8:30 AM ET. They showed that 225,000 new claims for unemployment benefits were filed last week. That was a decline from the previous week’s 236,000 initial filings and lower than the 239,000 that was expected. Because declining claims points to a stronger employment sector, this was also bad news for mortgage pricing.