The U.S. Department of Labor recently reported a drop off in initial unemployment benefit claims.
During the week ending April 2, seasonally adjusted initial unemployment claims dropped to 382,000 from the previous week's revised figure of 392,000. The marginal improvement in this category may result from states seeing gains in their jobs market.
For example, North Carolina experienced the largest decrease in terms of initial claims during the week ending March 26. With its figure falling by 3,100 claims, North Carolina outpaced Massachusetts at 2,251 and Florida at 1,151. All three states said their positive numbers stem from fewer job losses in the construction, trade and services industries; though Florida also reported fewer layoffs in the manufacturing industry, as well as in agriculture.
As the U.S. job market begins to improve and more people go back to work, many who have bad credit may be looking for ways to improve their creditworthiness in order to qualify for a mortgage or auto loan.
One way consumers may be able to get a quick credit fix is by seeing whether they're eligible for credit repair. Individuals who find any errors or questionable items on their credit report may be able to investigate and dispute the marks to have them removed. A credit repair attorney may be a helpful asset during the process because he or she may have the unique ability to make sure credit companies comply with federal legislation requiring fair and accurate credit reporting.