Initial jobless claims fell 26,000 to 323,000 in the week ended March 1, the Labor Department said Thursday.
Processing Content
Claims for the week ended February 22 were revised to 349,000 from the 348,000 initially reported.
Continuing jobless claims were 2.907 million in the week ended February 22, down from the downwardly revised 2.915 million the week before, first reported as 2.964 million.
Economists polled by Thomson Reuters expected 338,000 initial and 2.970 million continuing claims.
The four-week average of initial claims were down 2,000 in the week ended March 1 at 336,500.
