economy*The LA Times is reporting that the number of Americans seeking unemployment aid fell to nearly a four-year low last week, an encouraging sign of continued improvement in the job market.

The Labor Department says weekly applications for unemployment benefits fell 15,000 to a seasonally adjusted 358,000. That’s the second-lowest level since April 2008.

The four-week average, a less volatile measure, fell to 366,250, the lowest since late April 2008.

When applications fall consistently below 375,000, it usually signals that hiring is strong enough to lower the unemployment rate.

Read/learn more at LA Times.