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5/28/2009 8:35:00 AM Buy a Digital Copy of Transport Topics
Initial Jobless Claims Decline for Week
Initial jobless claims fell by 13,000 last week, the Labor Department said Thursday.
Claims for the week ended Saturday declined to 623,000, from a revised 643,000 the previous week.
The four-week moving average, a less volatile measure, fell to 626,750 from 629,750 a week earlier.
The number of Americans collecting jobless benefits rose to its 17th straight weekly record high for the previous week ended May 16, Labor said.
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