Thu, 02 May 2013 17:59:04 GMT
U.S. jobless claims drop to 5-year low
Initial claims for unemployment benefits in the U.S. fell surprisingly to the lowest level in 5 years in the week ended on April 27, according to a data released by the Labor Department on Thursday. The data showed that jobless claims dropped to 324,000 from the previous week's level of 342,000, while economists forecast the figure to record 345,000.