Continuing claims 1828K vs. 1870K estimate
The US initial jobless claims came in at 229K versus 225K estimate.
- The prior week was at 226K
- Continuing claims came in lower at 1828K versus 1870K. Prior revised to 1885K versus 1879K
- The four-week average rose to 223.75K from 221.50 K.
- The largest increases in initial claims for the week ending March 10 were in California (+1,834), Florida (+923), Kentucky (+781), Puerto Rico (+545), and Georgia (+441),
- The largest decreases were in New York (-18,154), Oregon (-1,367), Washington (-1,218), Wisconsin (-684), and Connecticut (-612).
The employment situation in the US remains strong.
