US initial jobless claims dropped again to 2981k, continuing claims rose to 22.8m

<p>US initial jobless claims dropped another week, by -195k to 2981k in the week ending May 9. Four-week moving average of initial claims dropped -564k to 3616.5k. Continuing claims rose 456k to 22833k in the week ending May 2. Four-week moving average of continuing claims rose 2730k to 19760k. Full release here.</p>
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