Jobless Claims Fall Back To 'Normal'
Jobless claims from first-time filers fell 29,000 to 409,000 last week, the Labor Department announced today.
With that, claims are basically back to where they were a month ago, before the inexplicable surge in claims that baffled many economists.
Economists believe that more jobs are being added than shed when weekly jobless claims drop below 400,000, a milestone that the weekly claims have only flirted with so far this year.
For the week ended April 30, the most recent week data were available, 7.9
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