Jobless Claims Fall As Job Market Gains Momentum

The job maket continues to gain momentum as we inch closer to 2012, with Reuters reporting that jobless claims have hit a 3 1/2 year low.

The Labor Department said the number of Americans who have filed for unemployment benefits dropped 4,000 to a seasonally adjusted 364,000, the lowest number since April 2008.  This comes on the heels of a report last week that claims had fell to 366,000, the lowest since May 2008.  It's certainly great to see the economy gaining momentum as the New Year approaches.

The question now is whether this trend of good news will continue when we hit 2012.  Fighting in Washington over a payroll tax cut and extension of unemployment benefits loom large, and job market prospects will likely hinge on the outcome of those battles.  In the mean time, enjoy the good news and keep up the job search!  Here's a new featured job we posted today to help out:

• Director for Development (FEATURED JOB): Serve as the Chief Development Officer (CDO) leading the college’s fundraising efforts. The Director will be responsible for generating new revenue, achieving annual fundraising goals, and developing relationships and partnerships with internal and external constituencies. In addition, s/he will be responsible for overseeing and directing the College's Foundation, and will work collaboratively with the Foundation’s Board to strategize and orchestrate methods of approach in the development of corporate, employee, private, and other charitable giving.