WASHINGTON, March 6 (UPI) -- Initial claims for jobless benefits for the week ending March 1 fell by 26,000 to a seasonally adjusted 323,000, the lowest level since November.
The Department of Labor weekly claims report suggests that companies are retaining more employees, even though a harsh winter threatened to slow down economic growth. The number of claims for unemployment benefits were less than the forecast of 335,000 made by analysts.