Jobless Benefits Applications Fall to a 15-Year Low
The Associated Press (NY Times) August 2015
More people sought unemployment aid last week, but the average for the past month fell to the lowest level in 15 years, a sign that fewer employers are cutting jobs. The Labor Department said on Thursday that applications for jobless benefits rose 5,000 to a seasonally adjusted 274,000 last week. Yet the four-week average, a less volatile measure, dropped 1,750 to 266,250, the lowest since April 15, 2000. The decline in applications for unemployment aid echoes other data that points to a steadily improving job market.
