US: Initial Jobless Claims fell to 336K

FXStreet (Edinburgh) - According to the Labour Department, the Americans that filed in their first initial claims for regular state unemployment-insurance benefits fell by 3K last week to a seasonally adjusted 336K in the week ended February 14, a tad above forecasts at 335K and coming from 339K (revised from 339K) in the previous print. Continuing claims, which reflect people already receiving benefits, rose by 28K to a seasonally adjusted 2.981 million in the week ended February 7 vs. 2.953 million in the previous week (revised).