Initial Claims Fell to 420,000 Last Week

The DOL reports that in the week ending Dec. 11, the advance figure for seasonally adjusted initial claims was 420,000, a decrease of 3,000 from the previous week’s revised figure of 423,000. The 4-week moving average was 422,750, a decrease of 5,250 from the previous week’s revised average of 428,000.

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