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Jobless claims fall by 16,000

September 30, 2010

The number of U.S. initial claims for unemployment insurance filed in the week ended Sept. 25 fell by 16,000 from the previous week, according to seasonally adjusted numbers released today by the U.S. Department of Labor.

Initial claims for the week ended Sept. 25 totaled 453,000, down 3.4% from the previous week's number of 469,000 -- which had been revised up by 4,000.

The four-week moving average of claims for the week ended Sept. 25 fell to 458,000, down 6,250, or 1.4%, from the previous week's revised average of 464,250.