First Time Unemployment Claim -- Unchanged -- Still Near 3-Month High -- Four-Week Average Rises At Highest in Three Months

Remember: the magic number is 400,000

Link here.

The lede:

The number of people seeking U.S. unemployment benefits remained stuck near a three-month high last week, a sign that hiring has likely slowed since winter. 

Data points:

• weekly applications down 1,000, to 388,000; little changed from last week; last week's number --> highest since January 7, 2012 -- almost four months ago
• four-week average: rose to 381,750

And then lots of yada, yada, yada.