February 5, 2009
Weekly Initial Jobless Claims Up To 626K
By Matthew L. Brown
In the week ending Jan. 31, 626,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.
That's an increase of 35,000 from the previous week's revised figure of 591,000. The 4-week moving average was 582,250, an increase of 39,000 from the previous week.
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