But in yet another mixed signal about how the economy's doing, that welcome dip is tempered by the fact that the "4-week moving average was 377,750, an increase of 1,750 from the previous week's revised average of 376,000." Economists watch that average because it offers a slightly larger look at the trend.
Also, the agency revised up the previous week's number of claims — from the initial estimate of 383,000 to 389,000.
Bloomberg News says the report signals "limited progress in the labor market after a two-month slowdown in hiring."
As we mentioned earlier, Fed Chairman Ben Bernanke this morning delivers the central bank's latest economic outlook during testimony before Congress.
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