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Friday, March 22, 2019 5:51:03 AM EDT

Initial Claims Updated 21-Mar-19 09:25AM ET
Initial claims for the week ending March 16 decreased by 9,000 to 221,000 ( consensus 223,000) while continuing claims for the week ending March 9 dropped by 27,000 to 1.750 million.

The four-week moving average for initial claims increased by 1,000 to 225,000.

The four-week moving average for continuing claims increased by 6,000 to 1,772,500.

Initial claims have held below 300,000 for 211 consecutive weeks.

The key takeaway from the report is that it covers the period in which the survey for the March employment situation report was conducted, so with the low level of initial claims, expectations will pick up that March nonfarm payrolls will be up by a solid amount.
Mar 16Mar 9Mar 2Feb 23Feb 16
Initial Claims221K230K223K226K217K
4-Wk Moving Avg225K224K226K229K236K
Continued Benefits1750K1777K1758K1805K
4-Wk Moving Avg1773K1767K1767K1762K