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Four-week average of jobless claims rises

November 26, 2008

The four-week moving average of seasonally adjusted initial jobless claims rose 2.2% to 518,000 for the week ended Nov. 22 from the previous week's revised average of 507,000, the U.S. Department of Labor announced today.

However, the advance figure for seasonally adjusted initial unemployment claims for the week ended Nov. 22 (not the four-week average) fell 2.6% to 529,000 from the previous week's revised figure of 543,000.