The U.S. Labor Department reported the weekly jobless claims today, where initial claims in the March 3 week rose 8 thousand to 362 thousand from prior revised estimate of 354 thousand and above expected estimate of 352 thousand.

Continuing claims for the week ended February 17 came in at 3416 thousand, compared to the prior revised estimate of 3406 thousand and also up from median estimates of 3400 thousand.