The number of applications to receive unemployment benefits has decreased over the past week. However, the four-week moving average, which indicates the average number of initial claims, has risen to a one year high, indicating that the labor market is slowing down. According to the Labor Department, the number of claims for four states had to be estimated because of the recent holiday, which may have contributed to the decreased number of applications.
See "US weekly jobless claims fall, but the labor market trend is weakening", CNBC, February 21, 2019