Jobless Claims Steady, Suggesting Hiring Could Pick Up

unemployment aid applications
unemployment aid applications

By Christopher S. Rugaber

WASHINGTON -- The number of people seeking unemployment benefits was unchanged last week, suggesting steady gains in the job market.

The Labor Department said Thursday that weekly unemployment aid applications stayed at a seasonally adjusted 370,000, the same level as the previous week. The four-week average, a less volatile measure, fell for the second straight week, to 375,000.