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Jobless claims fall 1.8%

March 19, 2009

The number of U.S. initial claims for unemployment benefits fell 1.8% to 646,000 in the week ended March 14 from the previous week's revised number of 658,000, the U.S. Department of Labor reported today. The four-week moving average of claims, however, rose 0.6% to 654,750 from the previous week's revised average of 651,000.