Friday, March 15, 2013

Jobless aid applications reach 5 year low

The job market continues to strengthen as last week saw the lowest number of jobless aid applications in 5 years. The Labor Department reported jobless applications fell by 10,000 to
a seasonally adjusted rate of 332,000. The number of applications for benefits has dropped five times in the past 6 months indicating a stronger job market is emerging. Of interest, the highest point reached for applications was March 2009 at 667,000.

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