"In the week ending March 10, the advance figure for seasonally adjusted initial claims was 351,000, a decrease of 14,000 from the previous week's revised figure of 365,000. The 4-week moving average was 355,750, unchanged from the previous week's revised average of 355,750."
And the gain didn't come just become rising gas prices led to a 3.3 percent increase in the value of gasoline sales. According to The Associated Press, retail sales rose 0.8 percent excluding gasoline.
Here's what to expect at 8:30 a.m. ET when the Bureau of Labor Statistics releases its much-anticipated February jobs report, economists say:
-- "The economy probably created 210,000 jobs last month, according to a Reuters survey, following January's tally of 243,000. The unemployment rate is expected to have held at a three-year low of 8.3 percent."