Jobless claims edge higher, continuing claims lowest since May 2024

• Initial jobless claims for the week ending March 21 were 210,000, aligning with estimates.
• Continuing jobless claims for the week ending March 14 totaled 1,819,000, which was 30,000 less than expected.
• Both initial and continuing claims are at historically low levels, with continuing claims being the lowest since approximately May 2022 (based on the 'nearly two years' context from the description, despite the video's potentially erroneous 'May of '24' reference).

Initial jobless claims for the week ending March 21 came in at 210,000, matching expectations. Continuing claims for the week ending March 14 were 1,819,000, which was lower than expected and marked the lowest level in nearly two years, indicating a historically strong labor market.