Nothing To Do, Nowhere To Go 0
Still not good.
(snip)
The four-week moving average of claims, a less-volatile measure, climbed to 347,250 from 340,500.
The number of people continuing to collect jobless benefits rose by 63,000 to 2.99 million in the week ended May 18. The continuing claims figure does not include the number of workers receiving extended benefits under federal programs.
Those who’ve used up their traditional benefits and are now collecting emergency and extended payments decreased by about 50,000 to 1.73 million in the week ended May 11.