Initial claims now steady for a fourth straight week, but four-week average is down about 20K to...

|By:, SA News Editor
Initial claims now steady for a fourth straight week, but four-week average is down about 20K to 526,250, and continuing claims four-week avg. fell below 6M for the first time since April, to 5.961M. What's not clear is how much of the improvement is due to expiration of benefits; those receiving emergency compensation fell 21.7K to 3.37M, and those receiving extended benefits dropped 49.3K to 527K.