USA TODAY: Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving.
The Labor Department said Thursday that initial claims for jobless benefits dropped 21,000 to a seasonally adjusted 434,000 in the week that ended Oct. 23…
The economy needs to grow by at least 5% for a full year to bring down the unemployment rate by a percentage point, economists estimate. The jobless rate is currently 9.6%, down only slightly from 9.7% in January… (more)
