U.S. Jobless Claims Drop, Continuing Claims Lowest Since 2007 (Video)

Epoch Video
5/30/2014
Updated:
5/30/2014

The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a strengthening labor market. Initial claims for state unemployment benefits declined 27,000 to a seasonally adjusted 300,000 for the week ended May 24, the Labor Department said on Thursday.