Labor Market Showing Signs of Growth

American unemployment benefit claims increased marginally last week, but experts say that the labor market is continuing to improve. According to the Labor Department, initial state claims slightly increased to a seasonally adjusted rate of 326,000. The claims report covered the January payroll period excluding farm payroll, and found that claims decreased 12,250 between the months of December and January. Experts say this data suggests job creation and growth will accelerate throughout the remainder of the month. More here