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June 5, 2008

Weekly Jobless Claims Down

In the week ending May 31, 357,000 Americans filed for unemployment insurance benefits for the first time, according to the U.S. Department of Labor.

That's a decrease of 18,000 from the previous week's revised figure of 375,000. The 4-week moving average was 368,500, a decrease of 2,750 from the previous week.



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