Jobless claims fall to another 5-year low
January 24th, 2013
09:11 AM ET

Jobless claims fall to another 5-year low

The number of Americans filing initial claims for unemployment benefits is hovering at its lowest level in five years, after falling for a second week in a row.

First-time claims for unemployment benefits fell by 5,000 last week to 330,000, down from 335,000 the previous week. That's the lowest level since January 2008. It's unclear why claims have fallen so dramatically in recent weeks. For more on this story, go to CNNMoney here.

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Filed under: Economy • U.S.