Continuing claims 1755K vs 1772K estimate

US initial jobless claims
  • initial jobless claims come in near expectations at 223K versus 225K estimate. The prior week was revised to 226K from 225K
  • the four-week average fell to 226.2 5K versus 229.25K last week.
  • The continuing claims came in at 1755K vs 1772K est. The prior week was higher at 1805K
  • The largest increases in initial claims for the week ending February 23 were in Kentucky (+4,487), Massachusetts (+4,283), Connecticut (+943), Rhode Island (+870), and New York (+419),
  • The largest decreases were in California (-9,067), Washington (-5,091), Oregon (-824), Texas (-622), and Maryland (-611).