Jobless Claims Increase to 354,000; Above Expectations

By: Benzinga
In the week ending May 25, the advance figure for seasonally adjusted initial claims was 354,000, an increase of 10,000 from the previous week's revised figure of 344,000, the Department of Labor reported Thursday. Economists were expecting claims to print at 340,000. The 4-week moving average was 347,250, an increase
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