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.
soundoff (4 Responses)
  1. Patrick

    I agree.

    January 24, 2013 at 11:11 am | Report abuse |
  2. chrissy

    Duh! The holidays are over so holiday help are layed off, happens every year.

    January 24, 2013 at 11:44 am | Report abuse |
  3. Ancient Texan

    As soon as everyone gives up and quits hunting a job, the rate will fall to 0%. Presto...Utopia will arrive. (tongue in cheek)

    January 24, 2013 at 2:08 pm | Report abuse |
  4. Hamsta

    What they don't want to tell you is that far less Americans possessed a job during Obama's best days in office than Bush's worst days in office. Unemployment percentage is a useless number, a better assessment would be how many Americans possess a job, but that would make Obama's massive welfare expansion blatently obvious so they avoid reporting that information at all costs.

    January 25, 2013 at 1:59 am | Report abuse |