From the FINANCIAL TIMES:
The number of Americans claiming unemployment benefits fell to its lowest level since December 2008 last week as accelerating economic output helped slow the pace of job cuts.
Continuing jobless claims fell by 54,000 to 4.65m, labour department figures showed on Thursday. That was better than economists expected and offered hope that the labour market could be stabilising.
Meanwhile, new claims for jobless benefits also fell, declining by 14,000 to 442,000. It was the smallest total in six weeks and brought the less volatile four-week average of initial claims down by 11,000 to 453,750…
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