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April 1, 2010

Initial Jobless Claims Down Slightly

In the week ending March 27, 439,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.

That's a decrease of 6,000 from the previous week's revised figure of 445,000. The 4-week moving average was 447,250, a decrease of 6,750 from the previous week.

The insured unemployment rate was 3.6 percent for the week ending March 20, unchanged from the prior week.

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