June 10, 2010
Initial Jobless Claims At 456K
By Matthew L. Brown
In the week ending June 5, 456,000 Americans filed for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.
That's a decrease of 3,000 from the previous week's revised figure of 459,000. The 4-week moving average was 463,000, an increase of 2,500 from the previous week.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending May 29, a decrease of 0.2 percentage point from the prior week.
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