Jobless Claims Down
Fewer Americans filed for their first week of unemployment benefits last week. But it's not necessarily a sign the job market is improving.
The Labor Department says initial jobless claims fell to 341-thousand last week-- down from 368-thousand the week before. Economists were expecting the number to be higher. They say last week's numbers may have been distorted by the massive snowstorm that pounded several states.
Overall, claims have come down from where they were a year ago, but the improvement has been gradual.