- Initial jobless claims dipped to a seasonally adjusted 210k (cons 213k) in the week to Mar 16 – covering a payrolls reference period – after an upward revised 212l (initial 209k).
- The 210k compares to the 200k from the previous payrolls reference period.
- The four-week average increased by 2k but remains very low at 211k.
- Continuing claims meanwhile increased by less than expected to a seasonally adjusted 1807k (cons 1820k) in the week to Mar 9 after a downward revised 1803k (initial 1811k).
- Continuing claims remain in the newly found, particularly flat seasonally adjusted trend after last week’s annual revisions.
- NSA continuing claims data are still above 2022 and 2023 readings for this time of year but on the low side compared to pre-pandemic years.
US DATA: Minimal Surprises In Latest Jobless Claims Data
Last updated at:Mar-21 12:39By: Chris Harrison
- Initial jobless claims dipped to a seasonally adjusted 210k (cons 213k) in the week to Mar 16 – covering a payrolls reference period – after an upward revised 212l (initial 209k).
- The 210k compares to the 200k from the previous payrolls reference period.
- The four-week average increased by 2k but remains very low at 211k.
- Continuing claims meanwhile increased by less than expected to a seasonally adjusted 1807k (cons 1820k) in the week to Mar 9 after a downward revised 1803k (initial 1811k).
- Continuing claims remain in the newly found, particularly flat seasonally adjusted trend after last week’s annual revisions.
- NSA continuing claims data are still above 2022 and 2023 readings for this time of year but on the low side compared to pre-pandemic years.
