Fully Reversing the Prior Week's Rise
- Initial claims for unemployment insurance fell by 20,000 to 192,000 in the week ending March 11.
- The four-week moving average of initial claims was unchanged at 197,000.
- Continuing claims fell by 29,000 to 1,684,000 in the week ending March 4.
- Both initial and continuing claims remain low by historical standards, but face headwinds in maintaining that standing.