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Jobless claims rise 4%

April 23, 2009

The number of U.S. initial claims for unemployment benefits rose 4.4% to 640,000 in the week ended April 18 from the previous week's revised number of 613,000, the U.S. Department of Labor reported today. The four-week moving average of claims fell 0.7% to 646,750 from the previous week's unrevised average of 651,000.