WASHINGTON—A measure of layoffs across the U.S. fell to the lowest level in more than four decades last week, an indication that the labor market continues to add jobs at a healthy clip. The four-week moving average of initial jobless claims, a calculation that evens out week-to-week volatility in the numbers, fell by 4,000 to 241,000 in the week ended Feb. 18, the Labor Department said Thursday. That was the lowest level since July...

Source: Wall Street Journal February 23, 2017 13:32 UTC