Jobless Claims Decline
(CNN Money) — The number of first-time filers for unemployment insurance fell last week, according to a government report released Thursday. There were 453,000 initial jobless claims filed in the week ended May 29, down 10,000 from an upwardly revised 463,000 the previous week, the Labor Department said. A consensus estimate of economists surveyed by Briefing.com expected 455,000 new claims for the week. The report was released a day later than usual because of Monday’s Memorial Day holiday.