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Number of people seeking unemployment aid falls to 372,000, signaling stronger job market

The number of people seeking unemployment benefits fell further last week, ending the year on a three-month run of declines that point to stronger hiring in 2012. Weekly applications dropped by 15,000 to a seasonally adjusted 372,000 last week, the Labor Department said. That’s 11 percent lower than the same time last year and a positive sign ahead of Friday’s important read on December job growth.

 

Jobless claims rise but labor market healing

New claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, but the underlying trend continued to point to improving labor market conditions.

Senh: Bad news, good news. I think overall, it's good news to know that the labor market is healing, despite an uptick in jobless claims.

 

Job openings, rate little changed in May

There was little turnover in the U.S. labor market in May, and the number of available jobs at the end of the month was virtually unchanged from April, government data showed on Tuesday.

 

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