Weekly applications for U.S. jobless aid fall to 265,000. Fewer Americans
applied for unemployment benefits last week, continuing a nearly two-year trend that suggests a solid job market.
Weekly requests for jobless aid fell 10,000 to a seasonally adjusted 265,000, the Labor Department said Thursday. The less volatile four-week moving average for claims was 263,000.
The historically low number of people seeking jobless aid is a positive sign for the economy.