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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.

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