WWMT - wwmt.com - Search Results The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available. Fewest Americans since 2007 seek jobless benefitsWASHINGTON (AP) - The number of Americans seeking unemployment benefits dropped 15,000 last week to a seasonally adjusted 320,000, the fewest since October 2007 - a sign of dwindling layoffs and steady if modest job growth.The Labor Department says the less volatile four-week average fell 4,000 to 332,000, the fewest since November 2007 and the fifth straight decline.Applications, which reflect layoffs, have fallen 14 percent this year. That's a sign that companies are cutting fewer workers. But hiring is still sluggish, resulting in only modest net job gains.Employers have added an average of 192,000 jobs a month this year. The unemployment rate declined to 7.4 percent in July, a 4 1/2 year low. That's still well above the 5 percent to 6 percent range associated with a normal economy.