U.s. Jobless Claims down 14k, Biggest fall Since April
US Initial claims for state unemployment benefits dropped 14,000 to a SA 374,000
The prior week's figure was revised up to 388,000 from the previously reported 386,000.
The four-week moving average for new claims fell 1,500 to 385,750.
The unemployment rate is seen steady at 8.2 percent after rising in May for the first time since August.
The continued claims rose 4,000 to 3.31 million in the week ended June 23
The number of people on extended benefits fell 12,113 to 47,425 in the week ended June 16
A total of 5.87 million people were claiming unemployment benefits during the week ending June 16, under all programs, down 20,439 from the previous week.
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