Thursday, January 17, 2013

Jobless Aid Applications Fall To 5-Year Low

Remember: the magic number is 400,000

Link to AP.

Happy days are here again.

The Labor Department says weekly unemployment benefit applications fell 37,000 to a seasonally adjusted 335,000. That's the lowest level since January 2008, just after the recession began.

The four-week average, a less volatile measure, fell to 359,250.

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