U.S. Jobless Claims Drop to Five-Year Low

May 9 (Bloomberg) -- The number of Americans filing claims for jobless benefits unexpectedly dropped last week to the lowest level in more than five years. Applications for unemployment insurance payments decreased by 4,000 to 323,000 in the week ended May 4, Labor Department figures showed today. Betty Liu, Dominic Chu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Most Recent Videos

How Apple Conquered China Market: Bloomberg West (01/30)
19:55 - Jan. 30 -- Full episode of "Bloomberg West." Guests: GGV Capital's Hans Tung, Strategic Analytics' Neil Mawston, Evercore ISI's Ken Sena, CKE Restaurants CEO Andrew Puzder, Boost VC CEO Adam Draper and Zebra Technologies' Jill Stelfox.
  • Should Amazon Spin Off Its Growing Cloud Business?
  • TripAdvisor's Top Pick: Chicago's Langham Hotel
  • Dan Marino: Roger Goodell Has Done a Really Good Job