There were 359,000 first-time claims for jobless benefits last week, down 5,000 from the week before and a pace that continues to be the lowest since April 2008, .
In other economic news, that gross domestic product grew at a 3 percent annual rate in fourth-quarter 2011. That's unchanged from the bureau's previous estimate of growth in the last three months of the year.
Copyright 2020 NPR. To see more, visit https://www.npr.org.