WASHINGTON -- The labor market is looking a little better than last week's disappointing jobs report for April.
(WASHINGTON) — The number of people seeking U.S. unemployment benefits fell to a four-year low last week, as layoffs slow and the job market strengthens. Weekly applications dropped 6,000 to a seasonally adjusted 357,000, the Labor ... 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