WASHINGTON -- The labor market is looking a little better than last week's disappointing jobs report for April.
The Department of Labor reported today that jobless claims (4-week average) fell last week to 386,250, the lowest level since the second week of July 2008, more than 2-1/2 years ago (see chart above). From the Associated Press: "The... Read Post
WASHINGTON -- Initial unemployment claims dropped back to a level indicating moderate job growth last week after a spike the previous week raised alarms about the labor market recovery. Read Post