US Jobless Claims at 15-year Low

U.S. jobless claims fell to a 15-year low last week, as the number of Americans signing up for unemployment aid fell 34,000 to a nationwide total of 262,000. Thursday's report from the Labor Department shows that's the lowest level of job layoffs since the year 2000. Economists say weekly claims below 300,000 are evidence of an improving job market. Last month's unemployment rate was 5.5. percent, and a report from Credit Suisse says the jobless rate will probably fall...

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