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Jobless claims shrink by 33,000

April 24 2008

In the week ended April 19, the advance figure for seasonally adjusted initial unemployment claims was 342,000, a decrease of 33,000, or 8.8%, from the previous week's revised figure of 375,000. The four-week moving average was 369,500, a decrease of 7,250 from the previous week's revised average of 376,750.

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