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Jobless claims edge down 1.3%

February 12 2009

The number of U.S. initial claims for unemployment fell 1.3% to 623,000 in the week ended Feb. 7 from the previous week's revised figure of 631,000, the U.S. Department of Labor reported today. However, the four-week moving average of claims rose 4.1% to 607,500 from the previous week's revised average of 583,500.

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