US initial jobless claims 229K versus 225K estimate

Author: Greg Michalowski | Category: News

Continuing Claims 1776K versus 1763K estimate


The trends in US employment claims
  • initial jobless claims 229K versus 225K estimate
  • The four-week average 223.75K versus 226.25K  last week
  • continuing claims 1776 versus 1763K estimate. 
  • The four-week average 1766.25 vs 1767.25 last week
  • The largest increases in initial claims for the week ending March 2 were in New York (+16,253), California (+6,636), Pennsylvania (+1,774), Oregon (+1,576), and Georgia (+661), 
  • The largest decreases were in Massachusetts (-4,196), Kentucky (-3,117), Washington (-1,185), Rhode Island (-1,100), and Michigan (-756). 
The data came in pretty much per expectations and continue to signal a solid employment market. 
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