Jobless benefits claims drop to lowest levels since 2008
The Washington Post
Michael A. Fletcher
The number of Americans filing for jobless benefits dropped to its lowest level in four years last week, the government reported Thursday, adding to a growing sense among economists that job creation is continuing at a healthy clip.
Jobless claims fell to 357,000 in the week ended March 31, the lowest number since April 2008.
The report comes a day before the Labor Department releases its monthly snapshot of the nation’s job market, which economists expect to show an increase of 205,000 jobs in March...
...“I think we are going to continue that positive climb,” said Rich Milgram, chief executive officer of Beyond.com, a career-networking firm...
...Despite the good news, many economists caution that continued deep declines in the unemployment rate will require more robust economic growth.
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