Employers are continuing to hire at a healthy pace. The number of people seeking unemployment benefits in the United States fell to a four-year low last week. Weekly applications dropped 6,000 to a seasonally adjusted 357,000 according to the Labor Department. That's the fewest since April 2008.
New Jersey has been able to reduce its unemployment insurance tab to the federal government partly because of a crackdown on fraud. The state says it's nabbing an average of 2,000 people a week who return to work but continue to collect benefits.
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