The number of people filing for unemployment benefits for the first time decreased last week from the previous week, according to a report released today by the Labor Department.In the week ending October 3, the advance figure for seasonally-adjusted initial claims was 521,000, down 33,000 from the previous week's revised figure of 554,000. Economists had expected a decrease in initial claims of 11,000. The four-week moving average, which smooths out fluctuations, was 539,750 - a decrease...
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