(MENAFN) The number of Americans applying for unemployment aid last week had dropped to a five-week low.
The advance figure of seasonally adjusted initial claims for jobless benefits fell to 261,000, a decrease of 1,000 comparing to the last week, according to the US Labor Department.
The data became better than the market's expectations of 265,000, while the four-week moving average decreased 1,250 from the previous week's unrevised average to 264,000.
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