Initial unemployment claims drop in Louisiana
BATON ROUGE - First-time claims for unemployment insurance in Louisiana for the week ending May 2 decreased from the previous week's total.
The state labor department figures released Monday show the initial claims decreased to 2,498 from the previous week's total of 2,737. For the comparable week a year earlier, there were 2,273.
The four-week moving average, which is a less volatile measure of claims, increased to 2,772 from the previous week's total of 2,722.
Continued unemployment claims claimed for the week ending May 2 decreased to 22,639 compared to 22,809 the previous week.
The four-week moving average for such claims increased to 22,425 from the previous week's average of 22,099.
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