Unemployment claims for the week ending July 2, 2011 remained high as 418,000 people filed first time unemployment claims.  Promisingly, this was a decrease of 14,000 from the previous week’s revised figure of 432,000.   The 4-week moving average was 424,750, a decrease of 3,000 from the previous week’s revised average of 427,750.  You can read the report here.