There were 366,000 first-time clams for unemployment insurance last week, down just 5,000 from the week before, the Employment and Training Administration reports.
Of note: that number from the previous week — 371,000 — is an upward revision. A week ago, the agency estimated there had been 368,000 claims over that period.
Basically, the pace changed little last week. As Bloomberg News says:
"Claims, after see-sawing in prior weeks as the government had trouble adjusting the data for seasonal swings, are settling at a level that signals there is little change in the pace of firings from last year."
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