Unemployment Claims Are Lowest Since '08

In a sign that the black cloud that’s hovered over the economy for the past several years may be ready to give way to a little sunshine, unemployment claims dropped to 348,000 in the week that ended Feb. 11 — the lowest level since March 2008. According to the U.S. Department of Labor, the number of claims dropped by 13,000 from the previous week. [More]