Jobless-aid claims hit 5-year low

Weekly applications fall by 18,000, Labor Department says

Posted: May 3, 2013 at 3:29 a.m.

Donna Van Natten (left), with the Enterprise Center, and Valoria Armstrong, with Tennessee American Water Co., talk Tuesday during a job fair in Chattanooga, Tenn. Weekly applications for unemployment benefits fell 18,000 last week, the Labor Department said.

The number of Americans seeking unemployment aid fell last week to a seasonally adjusted annual rate of 324,000, the lowest since January 2008.

This story is only available from our archives.

Business, Pages 29 on 05/03/2013