Friday, May 20, 2016

Initial unemployment claims fall 16,000 in latest report following last week’s rise

In the week ending May 14, initial claims were 278,000, a decrease of 16,000 from the previous week’s unrevised level of 294,000. The 4-week moving average was 275,750, an increase of 7,500 from the previous week’s unrevised average of 268,250.

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