WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years, suggesting the labor market maintained a solid pace of job growth in July.% m7 z4 \5 H6 k; M" x& d
5 z: k) g! O6 {9 v* nThe sturdy jobs picture together with a strengthening housing market brings the Federal Reserve a step closer to raising interest rates this year. 7 \" l3 o1 `: U/ X# \$ } : D# \3 ~- C( o ~7 z- `- \Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 255,000 for the week ended July 18, the lowest level since November 1973, the Labor Department said on Thursday. 2 [( P; I# Q+ B* g' e) n" t0 o