Jobless Claims at 7-Year Low, But Inflation Stirs on Prices Jump

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New claims for unemployment benefits fell last week to the lowest level in seven years, but rising consumer prices point to inflation in the economy.

May 15, 2014, 9:20 AM EDT / Updated May 15, 2014, 9:20 AM EDT / Source: Reuters

Job seeker Marshall Samuels (L) gets help from career counselor Alex Francois (R) at the Western Addition Neighborhood Access Point in San Francisco. New jobless claims fell last week to a seven-year low.Justin Sullivan / Getty Images

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