Photo credit: AP | Former Israeli President Moshe Katsav, second from right, arrives at the court in Tel Aviv, Thursday, Dec. 30, 2010. An Israeli court has convicted former President Moshe Katsav on two counts of rape. (AP Photo/Oded Balilty)
WASHINGTON (AP) — The number of people applying for unemployment benefits fell to its lowest point in nearly two and a half years, a sign that the job market is slowly improving. Applications dropped by 34,000 to 388,000, the fewest since July 2008, the Labor Department said Thursday. The number of applications has either fallen or remained unchanged in five of the past six weeks.
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