Jobless claims fall to a 5-month low

By Poroma Pant The number of Americans applying for new unemployment benefits fell last week to the lowest level in five months, indicating a continued low rate of employer layoffs and a steadily improving labor market. The U.S Department of Labor said in a Thursday report that, for the week ended March 5, initial unemployment […]

U.S. jobless claims fall to lowest level since November

Illinois Department of Employment Security (Lucia Maffei/MEDILL)

By Lucia Maffei The number of Americans filing for unemployment benefits dropped to a three-month low last week, a better-than-expected performance that suggests labor market conditions are improving. The U.S. Department of Labor reported Thursday that in the week ended Feb. 13, initial jobless claims declined by 7,000 from the previous week, to a seasonally […]