Jobless Claims Fall Sharply
I blame the Bush tax cuts for this.

First-time claims for unemployment benefits fell more than expected last week, a government reported said Thursday, while a closely watched barometer of job conditions hit its healthiest level since before the 2001 recession. ... The closely watched four-week average of jobless claims, regarded by economists as a truer reflection of the job market than the more volatile weekly figure, fell to its lowest level in nearly three years: 367,250, down from 376,250 the previous week.

I'll let you know how the currently-jobless Howard Dean tries to explain away this good news.