August 28, 2008
Initial Jobless Claims Fall 10K
By Matthew L. Brown
In the week ending Aug. 23, 425,000 Americans filed for unemployment benefits for the first time, according to the U.S. Department of Labor.
That's a decrease of 10,000 from the previous week's revised figure of 435,000. The 4-week moving average was 440,250, a decrease of 6,000 from the previous week.
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