New Unemployment Claims Top 400,000 For 14th Week In A Row

July 14th, 2011 (1) Posted By Pat Dollard.

CNBC:

Fewer people sought unemployment benefits last week, an encouraging sign the job market may be slowly improving.

The Labor Department says that weekly applications dropped 22,000 to a seasonally adjusted 405,000.

Even with last week’s decline, applications have now topped 400,000 for 14 weeks.

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