Jobless Claims in U.S. Decline to Lowest Level in Five Years

Jobless Claims in U.S. Decline to Lowest Level in Five Years

M. Spencer Green/AP Photo

Applications for unemployment insurance payments declined by 19,000 to 326,000 in the week ended July 27, the fewest since January 2008, from a revised 345,000 the prior week, the Labor Department reported today in Washington.