Thumbs Up: DOL Reports Unemployment Down by 12,000 last week. Were you one of the lucky ones.
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In the week ending August 27, the advance figure for seasonally adjusted initial claims was 409,000, a decrease of 12,000 from the previous week's revised figure of 421,000. The 4-week moving average was 410,250, an increase of 1,750 from the previous week's revised average of 408,500.
Read the full news release.
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