Weekly U.S. unemployment claims fall to 340,000

 
By CHRISTOPHER S. RUGABER | Published: March 8, 2013   

The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest level in five years. The drop is a positive sign ahead of Friday's report on February job growth.

photo - In this Monday, Feb. 25, 2013, photo, Sayed Mouawad, left, of Providence, R.I., shakes hands with Jillian Wallace of Matix, Inc., during a job fair in Boston. The number of people seeking U.S. unemployment aid fell to a seasonally adjusted 340,000 in the week ended March 2, driving down the four-week average to its lowest level in five years. (AP Photo/Michael Dwyer) ORG XMIT: NYBZ159
In this Monday, Feb. 25, 2013, photo, Sayed Mouawad, left, of Providence, R.I., shakes hands with Jillian Wallace of Matix, Inc., during a job fair in Boston. The number of people seeking U.S. unemployment aid fell to a seasonally adjusted 340,000 in the week ended March 2, driving down the four-week average to its lowest level in five years. (AP Photo/Michael Dwyer) ORG XMIT: NYBZ159

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Applications for benefits fell 7,000 in the week ended March 2, the Labor Department said Thursday. And the four-week average, a less volatile measure, dropped to 348,750. That's the lowest...
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