Prior week revised to 212K revised from 210KInitial jobless claims at 210K vs 212K estimate4-week moving average 211K vs 211.75K last weekContinuing claims 1.819MPrevious week revised -12 K to 1.795M from 1.807M previously reported4-week moving average 1.803M versus previous week 1.799M (revised from 1.802M)The largest increases in initial claims for the week ending March 16 were in Missouri (+1,443), Michigan (+1,204),
Tennessee (+538), Mississippi (+353), and Arkansas (+279), The largest decreases were in California (-5,794),
Oregon (-1,651), Texas (-856), Pennsylvania (-740), and Illinois (-626).
The data is still indicative of a solid employment market.
This article was written by Greg Michalowski at www.forexlive.com.