October 28, 2010
First-Time Jobless Claims Fall 21K
By Matthew L. Brown
In the week ending Oct. 23, 434,000 Americans filed claims for unemployment insurance coverage, according to the U.S. Department of Labor.
That's a decrease of 21,000 from the previous week's revised figure of 455,000. The 4-week moving average was 453,250, a decrease of 5,500 from the previous week.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Oct. 16, a decrease of 0.1 percentage point from the prior week.
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