November 25, 2009
Initial Jobless Claims Fall To 466K
By Matthew L. Brown
In the week ending Nov. 21, 466,000 Americans filed claims for unemployment insurance benefits for the first time, according to the U.S. Department of Labor.
That's a decrease of 35,000 from the previous week's revised figure of 501,000.The 4-week moving average was 496,500, a decrease of 16,500 from the previous week.
The insured unemployment rate was 4.1 percent for the week ending Nov. 14, a decrease of 0.2 percentage point from the prior week.
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