A report released by the Labor Department Thursday showed that applications for unemployment benefits dropped by 12,000, landing on a seasonally adjusted 334,000 last week. Overall, applications have fallen 6.5 percent since January. The drop in the number of claims is on par with the steady job growth the economy has experienced in the last few months. This week?s figures are about 7,000 above their levels of a month ago, which was the lowest figure in five years.
See "Weekly US unemployment benefit applications fall to 334K, near a five-year low", The Washington Post, June 12, 2013