Unemployment Claims Signal Labor Market Stabilization Ahead of Jobs Report

The February jobs report is expected to show nearly 60,000 new positions and an unemployment rate of 4.3 percent.

A hiring sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times

The number of Americans filing applications for state unemployment benefits was flat ahead of tomorrow’s highly anticipated February jobs report.

Initial jobless claims for the week ending Feb. 28 were unchanged at 213,000, according to Department of Labor data released on March 5. Economists had forecast a reading of 215,000.