Agence France-PresseMay 2, 2013 09:45
New claims for US unemployment benefits fell for last week to a five-year low, the US Labor Department said Thursday.
Initial jobless claims, an indicator of the pace of layoffs, fell by 18,000 to 324,000 in the week ending April 27, the department said.
That was the lowest level since mid-January 2008, when claims totaled 321,000.
Analysts on average had expected claims to rise to 346,000.
The four-week moving average of first-time claims also fell, by 16,000 to 342,250.