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Jobless claims rise 5.7%

February 26 2009

The number of U.S. initial claims for unemployment benefits rose 5.7% to 667,000 in the week ended Feb. 21 from the previous week's revised average, the U.S. Department of Labor reported today. The four-week moving average of claims rose 3.1% to 639,000 from the previous week's revised average of 620,000.

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