September 3, 2009
Initial Jobless Claims Inch Downward
By Matthew L. Brown
In the week ending Aug. 29, 570,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.
That's a decrease of 4,000 from the previous week's revised figure of 574,000. The 4-week moving average was 571,250, an increase of 4,000 from the previous week.
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