WASHINGTON (AP) — The number of people seeking unemployment benefits dipped slightly last week, though not by enough to suggest that hiring is picking up.
Weekly applications for unemployment benefits declined 2,000 to a seasonally adjusted 402,000, the Labor Department said Thursday. That's the fourth drop in six weeks.
Still, the four-week average, a less volatile measure, rose to 405,500. The average had fallen to a six-month low two weeks ago.
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