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Jobless claims fall by 9,000

May 22 2008

In the week ended May 17, the advance figure for seasonally adjusted initial unemployment claims was 365,000, a decrease of 9,000, or 2.4%, from the previous week's revised figure of 374,000. The four-week moving average was 372,250, an increase of 5,000 from the previous week's revised average of 367,250.

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