Is the job market looking better from where you sit?
The latest news from the Labor Department suggests it is—or will soon.
The number of people applying for jobless benefits fell by 15,000 to a seasonally adjusted 372,000, which is prompting much cautious optimism today.
That number, averaged over the past four weeks, the lowest level in four years, Bloomberg reports.
Claims also came in below a watershed number—375,000. Anything below that can actually start to drive the unemployment rate down.