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U.S. Jobless Claims Fell Last Week to Lowest Since April 2008 

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U.S. Jobless Claims Fell Last Week to Lowest Since April 2008
By Lorraine Woellert - Mar 29, 2012 8:30 AM ET

The number of Americans seeking unemployment benefits dropped last week to the lowest level in almost four years, adding to evidence the U.S. labor market is strengthening.

Initial jobless claims fell 5,000 in the week ended March 24 to 359,000, the lowest since April 2008, the Labor Department reported today in Washington. The median forecast of economists in a Bloomberg News survey called for 350,000 claims. With the report, the government data also contain revisions dating back to 2007.

more@ Bloomberg.com




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