Jobless Claims Drop to 460,000
May 27, 2010 at 10:20 AM EDT
The DOL reports that in the week ending May 22, the advance figure for seasonally adjusted initial claims was 460,000, a decrease of 14,000 from the previous week’s revised figure of 474,000. The 4-week moving average was 456,500, an increase of 2,250 from the previous week’s revised average of 454,250. WEEK ENDING May 22 May 15 Change May 8 Year Initial Claims [...]