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Initial claims for unemployment insurance also declined this week.
The state data lags behind initial claims by a week.
Analysts had expected initial claims last week of 425,000.
The new rules promise faster decisions on initial claims.
A week earlier, initial claims rose 20,000.
Joseph Weisenthal (@TheStalwart) Big miss on initial claims.
State data lags behind initial claims data by one week.
The state data lag initial claims by a week.
Over the past four weeks, initial claims have nudged downward.
The state data lags behind initial claims by one week.
That data lags initial claims by a week.
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