US initial jobless claims 219K vs 225K estimate

• Prior week 224K revised to 225K.
• Initial jobless claims 219K versus 225K estimate
• 4- week moving average of initial jobless claims 223K vs 224.25K last week
• Continuing claims 1.903M vs 1.870M estimate
• 4-week MA of continuing claims 1.871M vs 1.868M last week
• Prior week continuing claims 1.847M

The largest increases in initial claims for the week ending March 22 were in Kentucky (+915), Oregon (+577), New
York (+544), Tennessee (+429), and Missouri (+392), while the largest decreases were in Michigan (-4,040), California
(-1,826), Texas (-1,774), Mississippi (-1,764), and Pennsylvania (-565).

This article was written by Greg Michalowski at www.forexlive.com.