Another 861,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment statistics on Thursday. It showed that another 861,000 workers filed to receive unemployment benefits in the week ending o February 13th. The economy is still struggling, and will continue to do so until the pandemic is under control.

Here is the official Labor Department statement:

In the week ending February 13, the advance figure for seasonally adjusted initial claims was 861,000, an increase of 13,000 from the previous week's revised level. The previous week's level was revised up by 55,000 from 793,000 to 848,000. The 4-week moving average was 833,250, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 13,750 from 823,000 to 836,750.