Weekly Initial Unemployment Claims Decrease to 228,000

The DOL reported : In the week ending May 4, the advance figure for seasonally adjusted initial claims was 228,000 , a decrease of 2,000 from the previous week's unrevised level of 230,000. The 4-week moving average was 220,250, an increase of 7,750 from the previous week's unrevised average of 212,500. emphasis added The previous week was unrevised. The following graph shows the 4-week moving average of weekly claims since 1971. Click on graph for larger image. The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims increased to 220,250 ......(read more)

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