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Jobless claims fall by 18,000

May 08 2008

In the week ended May 3, the advance figure for seasonally adjusted initial unemployment claims was 365,000, a decrease of 18,000, or 4.7%, from the previous week's revised figure of 383,000. The four-week moving average was 367,000, an increase of 2,500 from the previous week's revised average of 364,500.

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