March 25, 2010
Initial Jobless Claims Dip
By Matthew L. Brown
In the week ending March 20, 442,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.
That's a decrease of 14,000 from the previous week's revised figure of 456,000. The 4-week moving average was 453,750, a decrease of 11,000 from the previous week.
The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending March 13, unchanged from the prior week's rate.
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