First-time unemployment claims in La. drop

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First-time claims for unemployment benefits dropped sharply in Louisiana for the week ending Saturday, because of the Thanksgiving holiday. There were 3,205 new claims for unemployment, according to the Louisiana Workforce Commission, down from 4,293 for the week ending Nov. 20. New claims were lower than in the comparable week last year; for the week ending Nov. 28, 2009, there were 4,415 first-time unemployment filings. The four-week moving average of initial claims, which is said to be a more accurate measure, was down to 3,878, compared with the average of 3,976 for the week ending Nov. 20. And continued weeks of benefits also fell, from 48,626 for the week ending Nov. 20 to 47,156.

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