An article on Jobless claims data hints at strengthening labor market was published by Reuters on May 9, 2013. Encouraging news on the labor market.

Excerpt of “Jobless Claims Data Hints At Strengthening Labor Market”

The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5-1/2 years last week, signaling labor market resilience in the face of fiscal austerity.

Initial claims for state unemployment benefits fell 4,000 to a seasonally adjusted 323,000, the lowest level since January 2008, the Labor Department said on Thursday.

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