Nothing To Do, Nowhere To Go 0
Slightly better.
(snip)
The four-week moving average, a less volatile measure than the weekly claims numbers, decreased to 269,500 last week from 277,000.
Filings have been below 300,000 for 66 consecutive weeks — the longest stretch since 1973 and a level economists say is typically consistent with a healthy labor market.
The number of people continuing to receive jobless benefits dropped 77,000 in the week ended May 28. The unemployment rate among people eligible for benefits decreased to a record-low 1.5 percent. These data are reported with a one-week lag.
