WASHINGTON -- The labor market is looking a little better than last week's disappointing jobs report for April.
Initial jobless claims dropped to their lowest levels since April, ending a 15-week run in which jobless claims exceeded 400,000. The Labor Department figures for the week ending July 23 showed that claims nationwide dropped 24,000 ... Read Post
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