US jobless claims hit 2 1/2 year low

posted by
March 3, 2011
Posted in News

"New claims for unemployment benefits unexpectedly fell last week to touch their lowest level in more than 2-1/2 years, a government report showed on Thursday, slipping further below a key level associated with an acceleration in job creation. Initial claims for state unemployment benefits dropped 20,000 to a seasonally adjusted 368,000, the lowest since May 2008, the Labor Department said." (03/03/11)  

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