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February 14, 2008

First-Time Jobless Claims Fall For Second Week

According to the U.S. Department of Labor , 348,000 Americans filed for unemployment insurance coverage for the first time during the week ended Feb. 9.

That's a decrease of 9,000 from the previous week's revised figure of 357,000. The 4-week moving average was 347,250, an increase of 12,000 from the previous week.

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