US unemployment aid applications drop to 284,000

Published July 24, 2014 12:37pm ET



WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years.

The Labor Department says weekly applications for unemployment aid dropped 19,000 to a seasonally adjusted 284,000. That’s the lowest reading since February 2006, nearly two years before the Great Recession began.

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