Jobless Claims Hold at Four-Year Low
A new Labor Department report shows that the number of people filing for unemployment benefits remained at the same level last week, and the four-week average fell to the lowest point in four years. Unemployment applications have been falling since October, and economists say that this is a good sign for the economy. The number of people receiving unemployment aid also fell.
See "Jobless Claims Hold at Four-Year Low", The Associated Press, The New York Times, February 22, 2012