US Jobless Claims Fall by the Most Since 2021 (Video)

Initial unemployment claims fell by 22,000 to 242,000 in the week ended May 13, following fraud-inflated figures in previous weeks. Continuing claims edged down to 1.8 million in the week ended May 6. Mike McKee breaks down the numbers on “Bloomberg Surveillance.”

(Bloomberg) — Initial unemployment claims fell by 22,000 to 242,000 in the week ended May 13, following fraud-inflated figures in previous weeks. Continuing claims edged down to 1.8 million in the week ended May 6. Mike McKee breaks down the numbers on “Bloomberg Surveillance.”

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