Daily News

View All News

Average of Jobless Claims Falls by 5,250

May 10 2012

The four-week moving average of initial unemployment claims fell to 379,000 in the week ended May 5, a decrease of 5,250 from the previous week’s revised average of 384,250, according to seasonally adjusted numbers released today by the U.S. Department of Labor.

The four-week moving average reduces the volatility of the weekly numbers. Total initial claims fell to 367,000, down 1,000 from the previous week’s revised figure of 368,000.


Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*