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November 29, 2007

352K Jobless For The Very First Time

According to the U.S. Department of Labor, 352,000 Americans filed for unemployment insurance coverage for the first time during the week ended Nov. 24.

That's an increase of 23,000 from the previous week. The 4-week moving average was 335,250, an increase of 5,750 from the previous week.

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