Thumbs Up: DOL Reports unemployment down by 16,000 last week and 4-week moving average drops by 7,000

In the week ending March 12, the advance figure for seasonally adjusted initial claims was 385,000, a decrease of 16,000 from the previous week's revised figure of 401,000. The 4-week moving average was 386,250, a decrease of 7,000 from the previous week's revised average of 393,250. 

Read the full news release