labor-department

U.S. Unemployment Applications Nearing Five-Year Low

Camille Dodero · 09/05/13 09:33AM

This morning, the Associated Press reports that the number of unemployment applications filed last week dropped by 9,000, which is only 1,000 more than the lowest level since June 2008. So while the Labor Department's figures haven't actually hit a five-year low, they're coming pretty close.