Prior week revised to 325K from 320K
- The weekly US initial jobless claims fell by 36,000 in the current week to 289K.
- The prior week was revised higher to 325K from 320K.
- The four-week MA fell to 302.25K vs 306K.
- Continuing claims fell slightly to 2418K vs. 2400K estimate and 2423K for the Feb 21 week.
The claims data has seen a saw tooth pattern of late. The trend remains fairly strong, however.
