WASHINGTON—The number of Americans filing new claims for unemployment benefits last week dropped to a fresh one-year low, suggesting layoffs were subsiding and strengthening expectations for job growth in April as a re-opening economy unleashes pent-up demand. But the labor market recovery has a long way to go, with the report from the Labor Department…
US Weekly Jobless Claims Fall to New 1-Year Low
WASHINGTON—The number of Americans filing new claims for unemployment benefits last week dropped to a fresh one-year low, suggesting layoffs were subsiding and strengthening expectations for job growth in April as a re-opening economy unleashes pent-up demand. But the labor market recovery has a long way to go, with the report from the Labor Department…
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