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June 19, 2008

Initial Jobless Claims Down 5,000

In the week ending June 14, 381,000 Americans filed for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.

That's a decrease of 5,000 from the previous week's revised figure of 386,000. The 4-week moving average was 375,250, an increase of 3,250 from the previous week.

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