Unemployment rates fell in half of U.S. states last month, led by drops in California, West Virginia, New York and Hawaii.
U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006.
Confidence in the U.S. job market has rebounded to roughly a normal level from its record low after the Great Recession, a trend that could help boost the economy.
The number of Americans seeking unemployment aid rose to a four-month high last week, although the increase partly reflects seasonal distortions around the spring holidays.
The number of people seeking U.S. unemployment aid barely changed last week, and the average over the past month fell to a fresh five-year low. The decline in layoffs is helping strengthen the job market.
The Federal Reserve foresees unemployment remaining high into 2015, suggesting it will keep short-term interest rates near record lows at least until then.
The number of people seeking unemployment benefits fell by 27,000 last week, an indication that hiring could improve.
The Great Recession personally affected a vast majority of Americans with 56 percent of a study saying they have less money in savings than they did before the economic decline.
Jobless Americans are paying millions in unnecessary fees to collect unemployment benefits because of state policies encouraging them to get the money through bank-issued payment cards, according to a new report from a consumer group.
New York Times columnist and Nobel Prize-winning economist Paul Krugman writes that Americans are not facing a fiscal crisis, they are really facing a job crisis.