From the FINANCIAL TIMES:
The number of Americans claiming jobless benefits has fallen to the lowest level since 2008, signaling that the US economy could soon start creating jobs, labour department figures showed on Thursday
Continuing jobless claims fell by 6,000 to 4.66m, the lowest level since December 2008. However, the decline reflects some unemployed workers seeing their benefits expire as well as a slowdown in job cuts.
New claims for unemployment benefits also fell last week, declining by 6,000 to 439,000. That was in line with economists’ expectations and brought the four-week average of initial claims down to 447,250…
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