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Jobless Claims in U.S. Decreased 1,000 Last Week to 367,000
First-time claims for jobless benefits fell last week to a one-month low, helping allay concern that the labor market may suffer an extended setback. Jobless claims dropped by 1,000 to 367,000 in the period ended May 5, in line with the median forecast in a Bloomberg News survey and the lowest since the end of March, the Labor Department said today in Washington. The number of people on unemployment benefit rolls was the smallest since July 2008. The data indicate the surge in claims in the first three weeks of April was probably tied to the timing of the Easter holiday rather than a deterioration in employment. ... (full story)
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>>>>>>>>BULL<<<<<<<<<
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