Jobless Claims Fall in Biggest BacktoBack Drop Since September

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Initial jobless claims decreased by 8,000 to 215,000 in the week ended May 18 after a similar drop in the prior period, marking the biggest back-to-back decline since September, according to Labor Department data released. The median forecast in a Bloomberg survey of economists called for 220,000. Mike McKee reports. • Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: https://bloom.bg/4bDyMaG • -------- • More on Bloomberg Television and Markets • • Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets Finance: https://tinyurl.com/ysu5b8a9 • Visit http://www.bloomberg.com for business news analysis, up-to-the-minute market data, features, profiles and more. • • Connect with Bloomberg Television on: • X: / bloombergtv • Facebook: / bloombergtelevision • Instagram: / bloombergtv • • Connect with Bloomberg Business on: • X: / business • Facebook: / bloombergbusiness • Instagram: / bloombergbusiness • TikTok: https://www.tiktok.com/@bloombergbusi... • Reddit: / bloomberg • LinkedIn: / bloomberg-news • • More from Bloomberg: • Bloomberg Radio: / bloombergradio • • Bloomberg Surveillance: / bsurveillance • Bloomberg Politics: / bpolitics • Bloomberg Originals: / bbgoriginals • • Watch more on YouTube: • Bloomberg Technology: / @bloombergtechnology • Bloomberg Originals: / @business • Bloomberg Quicktake: / @bloombergquicktake • Bloomberg Espanol: / @bloomberg_espanol • Bloomberg Podcasts: / @bloombergpodcasts

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