Thursday, September 22, 2011

Fewer people applied for unemployment benefits

By The Associated Press  CHRISTOPHER S. RUGABER (AP Economics Writer)

Quick Read Fewer people sought unemployment benefits last week, though applications remain elevated

Photo credit: AP | In this Sept. 19, 2011 photo, a worker constructs the framework front of a strip mall store in Mayfield Hts., Ohio . Fewer people applied for unemployment benefits last week, though the decline isn’t enough to signal the job market is improving. (AP Photo/Amy Sancetta)

(AP) -- The number of people applying for unemployment benefits fell last week, though the decline isn't enough to signal improvement in the job market.

Weekly applications dropped by 9,000 to a seasonally adjusted 423,000, the Labor Department said Thursday.

The four-week average, a less volatile figure, rose slightly for the fifth straight week to 421,000.

Applications typically...

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