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January 18, 2008

U.S. unemployment claims down

According to the U.S. Department of Labor, 301,000 Americans filed for unemployment insurance benefits for the first time during the week ended Jan. 12.

That's a decrease of 21,000 from the previous week's unrevised figure of 322,000. The 4-week moving average was 328,500, a decrease of 11,750 from the previous week.

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