Bloomberg (08/08/13) Shobhana Chandra
The average number of people who applied for unemployment benefits over the last month was the lowest since before the recession, demonstrating that the labor market is growing stronger. Jobless claims rose 5,000 last week to 333,000, according to the U.S. Department of Labor. Economists surveyed by Bloomberg had predicted an increase to 335,000. The four-week average of new jobless claims dropped to 335,500, the least since November 2007.