Fewest Requests for Unemployment Aid Since 2008
Press release from the issuing company
Friday, February 11th, 2011
The number of people applying for unemployment benefits plunged last week to the lowest level in nearly three years, continuing a downward trend that suggests hiring could pick up this year.
Applications sank by a seasonally adjusted 36,000 to 383,000, the lowest point since early July 2008, the Labor Department reported Thursday.
