Still not bad.
The four-week moving average, a less volatile measure than the weekly claims numbers, decreased to 272,000 last week, the lowest since mid-December, from 273,250.
The number of people continuing to receive jobless benefits fell by 19,000 to 2.25 million in the week ended Feb. 13. The unemployment rate among people eligible for benefits held at 1.7 percent. These data are reported with a one-week lag.