Updated: 13-Mar-25 09:27 ET
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Updated: 13-Mar-25 09:27 ET |
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Highlights
- Initial jobless claims for the week ending March 8 decreased by 2,000 to 220,000 (Briefing.com consensus 228,000).
- Continuing jobless claims for the week ending March 1 decreased by 27,000 to 1.870 million.
Key Factors
- The four-week moving average for initial claims increased by 1,500 to 226,000.
- The four-week moving average for continuing claims increased by 6,250 to 1,872,250.
- The total number of continued weeks claimed for benefits in all programs for the week ending February 22 was 2,265,318, an increase of 70,555 from the previous week and compared to 2,143,876 in the comparable week a year ago.
Big Picture
- The key takeaway from the report is that initial jobless claims -- a leading indicator -- held steady at relatively low levels that are consistent with an otherwise sound labor market.
Category |
Mar 8 |
Mar 1 |
Feb 22 |
Feb 15 |
Feb 8 |
Initial Claims |
220K |
222K |
242K |
220K |
214K |
4-Wk Moving Avg |
226K |
225K |
224K |
216K |
216K |
Continued Benefits |
|
1870K |
1897K |
1855K |
1867K |
4-Wk Moving Avg |
|
1872K |
1866K |
1863K |
1862K |