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Thursday: Unemployment Claims


Maybe the message will get through – from the NY Times: Business Groups Urge Congress to Reopen as Shutdown Drags On

House Republicans, facing the ninth day of a government shutdown, appeared increasingly isolated on Wednesday from even their strongest backers, with business groups demanding the immediate reopening of the government and benefactors such as Koch Industries publicly distancing themselves from the shutdown fight.

On Wednesday, the National Retail Federation joined other business groups like the U.S. Chamber of Commerce and the National Association of Manufacturers in asking House Republicans to relent.

From Gallup: Republican Party Favorability Sinks to Record Low

[T]he Republican Party is now viewed favorably by 28% of Americans, down from 38% in September. This is the lowest favorable rating measured for either party since Gallup began asking this question in 1992.
More than six in 10 Americans (62%) now view the GOP unfavorably, a record high.

• 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for claims to increase to 310 thousand from 308 thousand last week. This data is gathered by the states and will continue to be released
Calculated Risk

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