The 4-week moving average was 2407,50, a decrease of 2,750 from the previous week's unrevised average of 243,500.
The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending May 6, unchanged from the previous week's unrevised rate.
Continuing claims went down to 1,898,000 in the week ended May 6th. The previous week's level was revised up 2,000 from 1,918,000 to 1,920,000. The 4-week moving average was 1946,000, a decrease of 20,000 from the previous week's revised average. This is the lowest level for this average since January 19, 1974 when it was 1,920,750. The previous week's average was revised up by 500 from 1,965,500 to 1,966,000.