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Jobless Claims Fall

By: Kevin Valentine
Updated: October 25, 2012
ALTOONA - New jobless claims are out and they dropped by 23,000 last week.

The Labor Department says about 369,000 people filed for first-time unemployment benefits.

The initial claims number has bounced around for the last five weeks, pointing to little improvement in the job market since September.

About 3.3 million Americans continued to file for their second week of unemployment benefits in the week ended October 13, the most recent data available.

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