Initial unemployment claims rise 9,000 in latest report but 4-week average still lowest since December 1973

In the week ending April 23, initial unemployment claims were 257,000, an increase of 9,000 from the previous week’s revised level. The 4-week moving average was 256,000, a decrease of 4,750 from the previous week and the lowest level for this average since December 8, 1973.

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