Reply To: US Shows Strong Job Gains in February But Hourly Earnings Unchanged Despite Surging Inflation

#34846
Helmholtz Watson
Participant

US initial claims for the current week 187K vs 212K estimate

Initial jobless claims at lowest level since 1969
Prior week 214K revised to 215K
4-week moving average 211.75 versus 215K last

Continuing Claims 1.35M vs 1.410M est
4 week moving average continuing claims 1.431M to 1.462M

The largest increases in initial claims for the week ending March 12 were in Michigan (+2,068), Ohio (+1,547), California (+1,274), Missouri (+850), and Illinois (+665),
The largest decreases were in New York (-16,098), Massachusetts (-1,116), New Jersey (-1,046), Washington (-992), and District of Columbia (-945).

The initial claims was the lowest level since September 6, 1969 when it was at 182,000
The continuing claims reached its lowest level since January 3, 1970