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Jobless claim rise by 4,000

May 29, 2008

In the week ended May 24, the advance figure for seasonally adjusted initial unemployment claims was 372,000, an increase of 4,000, or 1.1%, from the previous week's revised figure of 368,000. The four-week moving average was 370,500, a decrease of 2,500 from the previous week's revised average of 373,000.