Somewhat better, still well over 300k.
Applications (INJCJC) for unemployment insurance payments declined by 19,000 to 326,000 in the week ended July 27, the fewest since January 2008, from a revised 345,000 the prior week, the Labor Department reported today in Washington.
The less-volatile four-week moving average declined to 341,250 last week, a two-month low, from 345,750.
The number of people continuing to collect jobless benefits dropped by 52,000 to 2.95 million in the week ended July 20. That doesn’t include the number of Americans receiving extended benefits under federal programs.
Bloomberg’s experts maintain their streak.