Initial Claims decreased to 444,000, for the week ending 05/08, higher than the expected decrease to 440,000, after decreasing to 448,000, the revised figure for the previous week. The 4-week moving average decreased to 450,500, from the previous week’s revised average of 459,500. Seasonally adjusted insured unemployment from the prior week, ending on 05/01, was 4,627,000, an increase of 12,000 from the preceding week’s revised level of 4,615,000. Seasonally adjusted insured unemployment rate from the week ending on 05/01, was 3.6%, unchanged from the previous week’s unrevised figure of 3.6%.
 
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