WASHINGTON — Initial jobless claims decreased more than economists expected in the week ending June 19, falling 19,000 to 457,000 — the lowest level since the first week of May, the Labor Department reported yesterday. Continuing claims fell to 4.55 million for the week ending June 12. Economists had expected 464,000 initial jobless claims and 4.56 million continuing claims.
Initial claims for the week ending June 12 were revised higher to 476,000 from the 472,000 originally reported. The continuing claims figure for June 5 was revised upward to 4.593 million from 4.571 million.