U.S. jobless claims point to steady labor market

Jobless claims for last week rose only slightly after the big drop a week before. Some analyst predict it as a healthy sign of improving job market.

"Initial claims for state unemployment benefits climbed 4,000 last week to a seasonally adjusted 367,000, the Labor Department. But that followed a drop of 22,000 and a four-week average, which offers a view of trends, held steady at 375,000."

Complete report at Reuters [here]