US initial jobless claims fell -12k to 201k in the week ending February 17, below expectation of 217k. Four-week moving average of initial claims fell -3.5k to 215k.
Continuing claims fell -27k to 1862k in the week ending February 10. Four-week moving average of continuing claims rose 8.5k to 1878k, highest since December 11, 2021.