The U.S Department of Labor said today in Washington that the inital jobless claims for the Feb 25 week fell 2 thousand to 351 thousand, the lowest since March 2008, from a revised 353 thousand reported for the week ened Feb 18. Analysts' expected claims around 355 thousand.

Continuing calims for employment insurances in the Feb 18 week dropped slightly to 3402 thousand, down from a revised 3404 thousand and also beatin median estimate of 3418 thousand.