July 31 (Bloomberg) -- Fewer Americans filed applications for unemployment insurance benefits over the past month than at any time in more than eight years.
The four-week average of jobless claims dropped to 297,250, the lowest since April 2006. Claims in the period ended July 26 climbed by 23,00 to 302,000. Betty Liu and Scarlet Fu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)