The average number of people seeking U.S. unemployment benefits over the past month fell to the lowest level since March 2008.
December 28, 2012 at 12:00 AM
1 minute read
The average number of people seeking U.S. unemployment benefits over the past month fell to the lowest level since March 2008, a sign that the job market is healing.
The Labor Department said Thursday that weekly applications dropped 12,000 to a seasonally adjusted 350,000 in the week ended Dec. 22. The four-week average, a less volatile measure, fell to a nearly five-year low of 356,750.
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