Jobless Claims at Four-Year Low

April 5, 2012 Updated Apr 5, 2012 at 12:01 PM EDT

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Jobless Claims at Four-Year Low

April 5, 2012 Updated Apr 5, 2012 at 12:01 PM EDT

According to CNN, data released by the U.S. Labor Department on Thursday shows that the number of initial unemployment claims dropped to a four-year low last week.

The Labor Department said 357,000 filed initial jobless claims last week, a decrease of 6,000 from the week previous, and the lowest number since April 2008, according to the CNN report.

Read the CNN story HERE.