LITTLE CHANGE: The number of people seeking unemployment benefits was nearly flat last week, signaling modest job growth. Weekly applications for benefits dipped by 2,000 to a seasonally adjusted 370,000, the Labor Department said Thursday.

SLOW BUT STEADY GROWTH: Applications have leveled off this month after declining from April's five-month high of 392,000. The lower level indicates hiring could pick up in May from April's sluggish pace.

JOB FORECASTS: Economists forecast employers have added 160,000 jobs this month. That's above April's gains but below the pace set this winter. The government will report next Friday on May job growth.




TOWNHALL MEDIA GROUP