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INITIAL JOBLESS CLAIMS: 217K V 216KE; CONTINUING CLAIMS: 1.906M V 1.88ME (highest since end-Nov) Q4 FINAL NONFARM PRODUCTIVITY: 3.2% V 3.1%E; UNIT LABOR COSTS: 0.4% V 0.7%E US JAN TRADE BALANCE: -$67.4B V -$63.5BE
Weekly Initial Unemployment Claims Increase to 217,000 https://t.co/hgJDrwr7m6 https://t.co/ZQrmco0nkw
US INITIAL JOBLESS CLAIMS ACTUAL 217K (FORECAST 216K, PREVIOUS 215K)
US Initial Jobless Claims for the week ending March 2 remained unchanged at 217,000, matching the survey expectations. Continuing Jobless Claims for the same period increased by 8,000 to 1,906,000. Unit Labor Costs for Q4 came in at 0.4%, lower than the estimated 0.7%.