Economics
Fewest Americans Filed Jobless Claims Over Past Month Sin
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Fewer Americans applied for unemployment benefits over the past month than at any time in seven years, a sign of a healthier labor market that’s helping brighten consumer sentiment.
The four-week average for jobless claims fell to 310,250 in the period ended May 31, the lowest since June 2007, a Labor Department report showed today in Washington. The weekly Bloomberg Consumer Comfort Index increased for the first time in five weeks.