Thumbs Up: Unemployment and 4-week moving average down!
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From DOL:
In the week
ending May 8, the advance figure for seasonally adjusted initial claims was
444,000, a decrease of 4,000 from the previous week's revised figure of
448,000. The 4-week moving average was 450,500, a decrease of 9,000 from the
previous week's revised average of 459,500.
Read the full
news
release.
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