Jobless claims reported at lowest in 5 years

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Jobless claims reported at lowest in 5 years

By DEMOCRAT-GAZETTE STAFF FROM WIRE REPORTS

Posted: January 25, 2013 at 3:25 a.m.

The number of Americans seeking unemployment aid fell last week to the lowest level in five years, but the decline may reflect the government’s difficulty adjusting its numbers to account for layoffs after Christmas, experts say. The Labor Department said Thursday that weekly unemployment benefit applications dropped 5,000 to a seasonally adjusted 330,000. That’s the fewest since January 2008.

INTERACTIVES: U.S. economy

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Front Section, Pages 1 on 01/25/2013

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