Jobless Claims Fall Again. Will Rising Energy Prices Slow or Derail The Trend?
March 24, 2011 at 09:35 AM EDT
New jobless claims fell again last week, dropping by a seasonally adjusted 5,000 to 382,000, the Labor Department reports. The widely watched four-week moving average slipped as well, retreating to its lowest level in two-and-a-half years. It’s clear that new filings are trending lower once more, if slowly. But the ongoing strength in the oil [...]