So despite the indicator today, the report for February might not be quite as strong as this is suggesting.
Companies are reaping the benefit of enhancements in technology discovery, which has helped them increase their productivity. At the same time, there is a level of competition in the economy that is quite a bit stronger than it has been in the past.
Even though that was an 11,000 increase, you have to say claims remain relatively low and certainly in the range we would expect in a strong labor market.