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April 10, 2008

First-Time Jobless Claims Fall 53K

During the week ended April 5, 357,000 Americans filed for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.

That's a decrease of 53,000 from the previous week's revised figure of 410,000.The four-week moving average was 378,250, an increase of 2,500 from the previous week.

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