Weekly New jobless claims drop by 3,000 but remain stubbornly high

"Stubbornly High", an interesting choice of words.

New jobless claims filed last week fell by 3,000 to 456,000, another sign that unemployment remains stuck stubbornly high.

The four-week moving average of new claims, which smooths out week-to-week volatility, rose by 2,500 to 463,000.

It's also of interest that last weeks figures were adjusted up 6000 from 453K to 459K. Keeping that in mid this weeks figures are actually an increase of 3000 from last week.