Applications for US unemployment aid fall to 287K

Published October 9, 2014 1:19pm ET



WASHINGTON (AP) — Slightly fewer Americans sought unemployment benefits last week, pushing the average number of applications in the past month to an eight-year low.

The Labor Department said Thursday that weekly applications fell 1,000 to a seasonally adjusted 287,000 in the week ended Oct. 4. That is the fourth straight week that applications have been below 300,000, a clear sign of a job market on the mend.

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