Jobless Claims Fall to Four-Year Low

Jobless claims are now down to their lowest level in four years, after falling to 357,000 in the final week of March, the Labor Department reported Thursday.

For the week ending March 31, the number of people filing for benefits dropped by 6,000. The previous week, claims stood at 363,000.

The four-week average also went down, falling by 4,250 to 361,750.

On Friday, Americans will get a true assessment of how the jobs market fared last month when the Labor Department releases its monthly employment report.