Jobless Claims in US – A decrease of 26,000

SEASONALLY ADJUSTED DATA (from the official Press Release) 

In the week ending May 3, the advance figure for seasonally adjusted initial claims was 319,000, a decrease of 26,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 344,000 to 345,000. The 4-week moving average was 324,750, an increase of 4,500 from the previous week’s revised average. The previous week’s average was revised up by 250 from 320,000 to 320,250.

There were no special factors impacting this week’s initial claims.

Chosen excerpts by Job Market Monitor. Read the whole story at UNEMPLOYMENT INSURANCE WEEKLY CLAIMS