WASHINGTON — Seasonally adjusted initial jobless claims declined 1,000 to 367,000 for the week ending May 5, while continuing claims fell 61,000 to 3.229 million for the previous week, the Labor Department reported Thursday.

The 367,000 of initial claims were lower than the median estimate of 370,000 projected by economists polled by Thomson Reuters, and the 3.229 million of continuing claims came in below the economists’ median estimate of 3.280 million.

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