August 14, 2008
Initial Jobless Claims Swing Down 10K
By Matthew L. Brown
In the week ending Aug. 9, 450,000 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 460,000. The 4-week moving average was 440,500, an increase of 19,500 from the previous week.
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