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Initial unemployment claims fall

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The number of initial unemployment insurance claims fell for the first full week of March, according to the Department of Labor.

Claims fell to 315,000 from 324,000, according to a news release, a decrease of 2.77 percent. The four-week average was 330,500, down about 1.86 percent from the previous week’s revised average of 336,750.

The number continuing to claim benefits fell to 2,855,000, a decrease of about 1.65 percent from the preceding week’s revised level of 2,903,000.

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