WASHINGTON, April 17 (UPI) -- The number of Americans filing for unemployment benefits is sticking close its seven-year low, signaling that employers aren't laying off as many employees.
Initial claims for unemployment benefits for the week ending April 12 was 304,000, rising 2,000 from the previous week's number, according to data released by the Labor Department. The four-week average, which evens out volatility, was at 312,000, its lowest since October 2007, two months before the recession began.