WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits dipped last week but not by enough to indicate hiring will pick up.
Weekly applications for unemployment aid declined by 2,000 to a seasonally adjusted 387,000, the Labor Department said. That’s down from an upwardly revised 389,000.
The four-week average, a less volatile measure, rose for the fourth straight week, to 386,250. It’s the highest level since December.
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