U.S. weekly jobless claims fall 1,000 to 367,000

WASHINGTON (MarketWatch)
The number of Americans who filed requests for jobless benefits fell by a scant 1,000 last week to 367,000, the U.S. Labor Department said Thursday
Claims from two weeks ago were revised up to 368,000 from 365,000
Economists surveyed by MarketWatch had projected claims would total 365,000 on seasonally adjusted basis in the week ended May 5
The average of new claims over the past four weeks, meanwhile, dropped by 5,250 to 379,000 Continuing claims decreased by 61,000 to a seasonally adjusted 3.23 million in the week ended April 28
Continuing claims are reported with a one-week lag
About 6.4 million people received some kind of state or federal benefit in the week ended April 21, down 174,529 from the prior week
Total claims are reported with a two-week lag and are not seasonally adjusted.