The U.S. Labor Department said the number of layoffs have declined across the nation.

The number of people signing up for unemployment assistance dropped by 9,000 last week to a nationwide total of 280,000.

Report: US Job Market Gets A Little Better

Economists use "initial jobless claims" as a way to keep track of the number of people losing jobs. Many experts said jobless claims at this level are a sign of an improving job market as employers hang on to existing employees and begin hiring new ones.

Report: US Job Market Gets A Little Better

This is the latest in a series of mostly upbeat economic reports recently, including one that showed U.S. economic growth rising at a 5 percent rate in the third quarter and another showing unemployment at the lowest level in years (5.8 percent).

Report: US Job Market Gets A Little Better

Reports show the economy has been helped by falling energy prices and rising confidence by consumers and businesses.

A government report Wednesday showed U.S. oil supplies growing strongly, which prompted oil prices to decline further.