U.S. jobless claims fall to lowest level in 4 years

The number of Americans seeking unemployment fell to 339,000 last week, the lowest level in more than four years.

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The number of Americans seeking unemployment fell to 339,000 last week, the lowest level in more than four years.

Some economists said they want to see more data before suggesting the job market is turning around.

“Should this level hold for another week, it would flag a meaningful improvement in October” hiring, said Sal Guatieri, senior economist at BMO Capital Markets, in a note to clients.

Read more at KGW.

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