Jobless Claims at Four-Year Low in U.S.

January 19, 2012 Updated Jan 19, 2012 at 1:53 PM EDT

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Jobless Claims at Four-Year Low in U.S.

January 19, 2012 Updated Jan 19, 2012 at 1:53 PM EDT

According to the Wall Street Journal, Labor Department statistics released Thursday show that new unemployment benefits claims in the U.S. are at their lowest level since April of 2008.

The number of claims were down by 50,000 over the previous week, according to the Wall Street Journal report, representing the biggest single-week decrease since September 2005

Read the Wall Street Journal report HERE.