Weekly US unemployment aid applications drop to 332K, cutting monthly average to 5-year low

  • Article by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: March 14, 2013 - 9:02 PM

WASHINGTON - Fewer Americans sought unemployment aid last week, reducing the average number of weekly applications last month to a five-year low. The drop shows that fewer layoffs are strengthening the job market.

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