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Jobless claims fall 4.6%

March 05, 2009

The number of U.S. initial claims for unemployment benefits fell 4.6% to 639,000 in the week ended Feb. 28 from the previous week's revised number of 670,000, the U.S. Department of Labor reported today. The four-week moving average of claims rose 0.3% to 641,750 from the previous week's revised average of 639,750.