Unemployment Aid Applications Near A 4-Year Low

AP
unemployment claims down Labor Department
unemployment claims down Labor Department

By Christopher S. Rugaber


WASHINGTON (AP) -- The number of people seeking unemployment aid neared a four-year low last week, an encouraging sign that strong hiring could continue in the coming months.

The Labor Department said Thursday that weekly applications for unemployment benefits fell 15,000 to a seasonally adjusted 358,000. That's the second-lowest level since April 2008.