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 jobless claims unexpectedly increased last week but remained low in a positive sign for labor market growth before Friday's jobs report. Read Post