Fewer people applied for unemployment benefits last week, a sign that layoffs are dropping and employers may be hiring more workers.The Labor Department said Thursday the number of people seeking benefits dropped 10,000 to 382,000 in the week ending April 2. That's the third drop in four weeks.The four-week average of applications, a less volatile measure, declined to 389,500.
April 07, 2011 at 12:00 AM
1 minute read
Fewer people applied for unemployment benefits last week, a sign that layoffs are dropping and employers may be hiring more workers.
The Labor Department said Thursday the number of people seeking benefits dropped 10,000 to 382,000 in the week ending April 2. That’s the third drop in four weeks.
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