WASHINGTON — There were 422,000 initial claims for unemployment insurance in the week ending May 28, down 6,000 from the previous week’s 428,000, the Labor Department reported Thursday.
Continuing claims fell to 3.711 million in the May 21 week, following a revised 3.712 million the week before.
Economists were looking for 416,000 new claims and 3.670 million continuing claims based on the median estimate of the Thomson Reuters poll.