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Initial unemployment claims were well below.>

US DATA
US DATA: Initial unemployment claims were well below estimates in the 
March 24 week, -12k to 215k, vs the 230k exp. Annual revisions were 
included with the data, so this week's level is now the lowest since the 
January 27, 1973 week.
- The 4-wk moving avg -500 to 224,500, and could decline further next 
week as the 230k level in Mar 3 week rolls out. The underlying level of 
claims remains very low. 
- NSA claims -5,611 to 192,440 in the current week, compared with the 
5,218 gain that seasonal factors expected. The current week's level is 
still well below the year ago level of 228,269.
- Claims were estimated for Colorado, Hawaii, and Maine and still not 
returned to normal in the Virgin Islands and Puerto Rico. 
- Continuing claims +35k to 1.871m in the March 17 week. 
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