According to economists, the amount of people who are claiming unemployment and job loss has dropped from last week's 3 month high. USA Today believes this shows a sign that layoffs may be slowing down and the economy is slowly recovering, while the New York Times says hope has been revived that just the labor market is the one recovering. Los Angeles Times reports that if history repeats itself with the current situation (an increase in demand), that companies will have to start hiring again to keep up with supply. The newspapers don't spend too much time on the topic, moving on to how the housing market is still suffering. USA Today stated demand for housing sank this winter, and New York Times piggy backed on that reporting sales fell 7.6% in January. These two newspapers seem to be the most active in reporting progress on the economy, while the Los Angeles Times almost seems to be burnt out, only supplying approximately a paragraph of summary information.