According to a new report from the Labor Department, the number of people claiming new unemployment benefits fell last week to a four year low. The number of claims dropped by 14,000. Economists say that these numbers, combined with other economic indicators, continue to signal a slow economic recovery. The unemployment rate has remained at 8.3% for the past two months.
See "U.S. Jobless Claims Dip", The New York Times, March 14, 2012