About 223,000 Workers Filed For Unemployment Last Week

 

The Labor Department released their weekly unemployment statistics on Thursday. It showed that about 223,000 workers filed for unemployment benefits in the week ending on February 5th. It marked the third week in a row that this number has decreased.

Here is the official Labor Department statement:

In the week ending February 5, the advance figure for seasonally adjusted initial claims was 223,000, a decrease of 16,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 238,000 to 239,000. The 4-week moving average was 253,250, a decrease of 2,000 from the previous week's revised average. The previous week's average was revised up by 250 from 255,000 to 255,250.