WASHINGTON (MarketWatch)
The number of Americans who filed requests for
jobless benefits fell by 2,000 last week to 370,000, the U.S. Labor Department
said Thursday
Claims from two weeks ago were revised up to 372,000 from
370,000
Economists surveyed by MarketWatch had projected claims would rise to a
seasonally adjusted 373,000 in the week ended May 19
The average of new claims
over the past four weeks, meanwhile, dropped by 5,500 to 370,000, the lowest
level in six weeks
Continuing claims decreased by 29,000 to a seasonally
adjusted 3.26 million in the week ended May 12, the Labor Department said.
Continuing claims are reported with a one-week lag
About 6.17 million people
received some kind of state or federal benefit in the week ended May 5, down
105,004 from the prior week
Total claims are reported with a two-week lag
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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