Lowest jobless claims since spring 2008Posted by RJ and Makay on Apr 05, 2012 |
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The Labor Department report today showed that jobless claims fell to a new four-year low. First-time applications for unemployment benefits fell last week by 6,000 to a seasonably adjusted 357,000, the lowest numbers since April 2008 and cause for optimism heading into tomorrow’s Bureau of Labor Statistics employment situation report for March.
Labor Department
The number of Americans who filed new claims for jobless benefits fell sharply last week to its lowest level since May 2008, the Labor Department said today. First-time applications for unemployment compensation declined by 19,000 to a seasonally adjusted 366,000, an indication that the fragile U.S. labor market continues to improve.
The number of new claims for state unemployment insurance fell to a 9-month low last week, an indication that the job market is improving. Initial claims fell 23,000 to a seasonally adjusted 381,000, the Labor Department said yesterday. The number was below economists’ expectations of 395,000, and was the lowest number of applications since late February.








