In the week ending May 12, the advance figure for seasonally adjusted initial claims was 222,000, an increase of 11,000 from the previous week’s unrevised level of 211,000.
Meanwhile, the 4-week moving average was 213,250, a decrease of 2,750 from the previous week’s unrevised average of 216,000. This is the lowest level for this average since December 13, 1969 when it was 210,750.