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January 8, 2009

Initial Jobless Claims Down Slightly

In the week ending Jan. 3, 467,000 Americans filed claims for unemployment benefits for the first time, according to the U.S. Department of Labor.

That's a decrease of 24,000 from the previous week's revised figure of 491,000. The 4-week moving average was 525,750, a decrease of 27,000 from the previous week.

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