US jobless claims dip in mid-March

New claims for US unemployment insurance edged downwards in mid-March, continuing a record stretch of low-levels, the Labor Department reported Thursday.With an unemployment rate below five percent since May, the tightening labor market has seen employers forgo layoffs out of fear they may not be able to replace the workers they let go.For the week ending March 11, initial claims for unemployment insurance fell by 2,000 to 241,000, seasonally adjusted, a result largely in line with analyst expec