After reporting first-time claims for U.S. unemployment benefits at their highest level in almost four months in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended May 21st.
The report showed initial jobless claims dipped to 210,000, a decrease of 8,000 from the previous week's unrevised level of 218,000. Economists had expected jobless claims to edge down to 215,000.
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