The number of Americans making new claims for unemployment benefits is dropping, pushing the four-week average for jobless assistance to a five-year low and signaling that the U.S. labor market might be stabilizing.

The U.S. government said Thursday that 340,000 unemployed workers made new claims for financial aid last week, a drop of 7,000 from the week before.

That pushed the four-week average down to 348,750 - the lowest total since March 2008, in the early stages of the country’s … [Read More]

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Source: VOA News: War and Conflict