2 November 2001, 10:10 Initial claims for U.S. state unemployment fell by 10,000
to 499,000 in the Oct. 27 week, after a slight upward revision to the
previous week, the Labor Department said Thursday. Initial claims came
in just under analysts' expectations, but continuing claims hit another
18-year high and pushed the seasonally adjusted insured unemployment
rate up to 2.9%, a new 9-year high.
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