Updated: 27-Mar-25 09:29 ET
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Updated: 27-Mar-25 09:29 ET |
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Highlights
- Initial jobless claims for the week ending March 22 decreased 1,000 to 224,000 (Briefing.com consensus 225,000).
- Continuing jobless claims for the week ending March 15 decreased 25,000 to 1.856 million.
Key Factors
- The four-week moving average for initial claims decreased by 4,750 to 224,000.
- The four-week moving average for continuing claims increased by 2,250 to 1,870,000.
- The total number of continued weeks claimed for benefits in all programs for the week ending March 8 was 2,152,117, a decrease of 30,148 from the previous week and compared to 2,037,093 in the comparable week a year ago.
Big Picture
- The key takeaway from the report is that initial jobless claims -- a leading indicator -- continue to idle at levels consistent with an otherwise solid labor market.
Category |
Mar 22 |
Mar 15 |
Mar 8 |
Mar 1 |
Feb 22 |
Initial Claims |
224K |
225K |
223K |
222K |
242K |
4-Wk Moving Avg |
224K |
228K |
227K |
225K |
224K |
Continued Benefits |
|
1856K |
1881K |
1859K |
1897K |
4-Wk Moving Avg |
|
1873K |
1873K |
1870K |
1866K |