Economic Data Scheduled For Thursday

The Challenger job-cut report for May is scheduled for release at 7:30 a.m. ET.
Data on international trade for April will be released at 8:30 a.m. ET. Analysts expect April's total deficit shrinking to $42.0 billion from $44.4 billion in March.
Data on initial jobless claims for the recent week will be released at 8:30 a.m. ET. Markets expect jobless claims to total 1.790 million for the May 30 week, down from 2.123 million in the prior week.
Data on nonfarm productivity and unit labor costs for the first quarter will be released at 8:30 a.m. ET. Nonfarm productivity is likely to drop 2.5% in the quarter, with unit labor costs expected to rise 4.8 %.
The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
Data on money supply for the latest week will be released at 4:30 p.m. ET.