Updated: 26-Mar-26 09:14 ET
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| Updated: 26-Mar-26 09:14 ET |
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Highlights
- Initial jobless claims for the week ending March 21 rose by 5,000 to 210,000 (Briefing.com consensus: 210,000).
- Continuing jobless claims decreased by 32,000 to 1.819 million, which is the lowest level since May 25, 2024.
Key Factors
- The four-week moving average for initial claims decreased by 250 to 210,500.
- The four-week moving average for continuing claims decreased by 2,000 to 1,847,000.
- The total number of continued weeks claimed for benefits in all programs for the week ending March 7 was 2,131,459, a decrease of 42,198 from the previous week. Claims filed in the comparable week a year ago totaled 2,150,497.
Big Picture
- The key takeaway from the report is that it is not indicative of a weak labor market, particularly with initial jobless claims-a leading indicator-continuing to run at historically low levels.
| Category |
Mar 21 |
Mar 14 |
Mar 7 |
Feb 28 |
Feb 21 |
| Initial Claims |
210K |
205K |
213K |
214K |
211K |
| 4-Wk Moving Avg |
211K |
211K |
212K |
216K |
220K |
| Continued Benefits |
|
1819K |
1851K |
1847K |
1871K |
| 4-Wk Moving Avg |
|
1847K |
1849K |
1853K |
1856K |