WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February and solid momentum in the economy.
The economy’s brightening prospects were also underscored by other data on Thursday showing a gauge of future economic activity increasing for a fourth straight month in January. Labor market strength should continue to underpin consumer spending, despite a drop in retail sales in January. Continue reading “U.S. jobless claims near 45-year low as economic outlook brightens”

