May 7, 2009
Jobless claims decline
First-time claims for U.S. unemployment insurance declined by 34,000 last week, the U.S. Department of Labor reported Thursday.
The 601,000 initial benefits claims contributed to a four-week rolling average of 623,500, which was a decrease of 14,750 from the previous week's rolling average of 638,250.
The biggest increases in claims for the week were reported by Michigan with 9,998 additional claims; Massachusetts, which added 4,577, and Kentucky, which added 3,681, the report said.
State-by-state statistics lag a week behind the national report.
The biggest decreases last week were reported by California with a decline of 10,833 claims; Georgia, declining by 4,174, and South Carolina with 3,676 fewer claims than the week of April 25.