Jobless claims fall to four-year low
Posted: Mar 23, 2012 11:49 AM EDT | Updated: Nov 5, 2014 7:22 PM EDT
The number of first-time filers for unemployment benefits fell to a four-year low.
The labor department said nearly $350,000 people filed for initial jobless claims last week. Unemployment claims are considered a key indicator of the job market's strength.
They've recently fallen back to levels consistent with a healthier labor market.