898K More Workers Filed For Unemployment Last Week

The Labor Department released its weekly statistics for the number of unemployed workers filing to receive benefits on Thursday. Once again, the number was very close to a million (898,000). The Trump recession continues.

Here is the official statement:

In the week ending October 10, the advance figure for seasonally adjusted initial claims was 898,000, an increase of 53,000 from the previous week's revised level. The previous week's level was revised up by 5,000 from 840,000 to 845,000. The 4-week moving average was 866,250, an increase of 8,000 from the previous week's revised average. The previous week's average was revised up by 1,250 from 857,000 to 858,250.