Initial Claims & Nonfarm Productivity (March 3)

Initial Claims decreased to 368,000, the lowest level since May 2008, for the week ending 02/26, against the expected decrease to 396,000, after decreasing to 388,000, the revised level for the previous week. This was the third decline in applications for unemployment benefits in the last four weeks. The 4-week moving average decreased to 388,500, [...]