Bloomberg (06/06/13) Lorraine Woellert
Jobless claims fell last week by 11,000 to 346,000 from a revised 357,000, according to the U.S. Department of Labor. A Bloomberg forecast by 47 economists anticipated a decline to 345,000. Continuing claims fell for the second time in three weeks. Meanwhile, the less-volatile four-week moving average increased to 352,500 last week from 348,000.