Workers line up at a job fair at the Crenshaw Christian Center in South Los Angeles in August 2011. (Michael Robinson Chavez / Los Angeles Times / May 3, 2012)
According the LA Times article, the Labor Department said that after three straight weeks of elevated readings, first-time jobless claims fell by a much bigger-than-expected 27,000 last week to 365,000.
This news gives hope that the layoff trend is slowing decreasing and the increase of season work has increase job employment. As of March 2012, unemployment rate is 8.2%.
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