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Unemployment claims fall by 9,000

February 21, 2008

In the week ended Feb. 16, the advance figure for seasonally adjusted initial unemployment claims was 349,000, a decrease of 9,000, or 2.5%, from the previous week's revised figure of 358,000. The four-week moving average was 360,500, an increase of 10,750 from the previous week's revised average of 349,750.