Jobless Claims Down

According to a new report from the Labor Department, jobless claims have fallen to their lowest levels in five years, signaling fewer layoffs. The report marks the lowest levels of first-time claims for unemployment benefits since January 2008. Analysts consider these reports good indicators of layoff activity and the general U.S. job market, and the numbers are now back at pre-recession levels. While employers are still slow to hire new employees, there is still modest and steady growth in hiring. To read more visit CNN Money.