US Initial Jobless Claims Held Steady in Week Ended Feb. 28

BY MT Newswires | ECONOMIC | 03/05/26 08:39 AM EST

08:39 AM EST, 03/05/2026 (MT Newswires) -- US initial jobless claims remained at a level of 213,000 in the week ended Feb. 28 after a small upward revision in the previous week, compared with expectations for a level of 215,000 in survey of analysts compiled by Bloomberg.

The four-week moving average fell by 4,750 to 215,750 after rising by 1,000 to a level of 220,500 in the previous week.

Insured jobless claims rose by 46,000 to 1,868,000 in the week ended Feb. 21.

The weekly initial jobless claims data released by the US Labor Department measures filings for unemployment insurance benefits. Initial filings are reported through the previous Saturday, while those already on benefits are measured with a one-week lag.

A decrease in claims suggests a stronger labor market, a positive for the US economy and stocks, but a negative for bonds as it suggests wage growth that could lead to inflation.

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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