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Jobless claims rise by 25,000

June 12 2008

In the week ended June 7, the advance figure for seasonally adjusted initial unemployment claims was 384,000, an increase of 25,000, or 7.0%, from the previous week's revised figure of 359,000. The four-week moving average was 371,500, an increase of 2,500 from the previous week's revised average of 369,000.

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