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Weekly Initial Unemployment Claims decline to 340,000

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Weekly Initial Unemployment Claims decline to 340,000

The DOL reports: In the week ending May 18, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 23,000 from the previous week’s revised figure of 363,000. The 4-week moving average was 339,500, a decrease of 500 from the previous week’s revised average of 340,000. The previous week was revised...
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