New Bush Boomless

From Holden:

New jobless claims shot up again for the third consecutive week.

In the week ending May 13, the advance figure for seasonally adjusted initial claims was 367,000, an increase of 42,000 from the previous week’s revised figure of 325,000. The 4-week moving average was 333,250, an increase of 15,750 from the previous week’s revised average of 317,500.