About 187,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment statistics on Thursday. It showed that about 187,000 workers filed for unemployment benefits in the week ending on March 19th. This is the lowest number of workers applying since 1969!

Here is the official Labor Department statement:

In the week ending March 19, the advance figure for seasonally adjusted initial claims was 187,000, a decrease of 28,000 from the previous week's revised level. This is the lowest level for initial claims since September 6, 1969 when it was 182,000. The previous week's level was revised up by 1,000 from 214,000 to 215,000. The 4-week moving average was 211,750, a decrease of 11,500 from the previous week's revised average. The previous week's average was revised up by 250 from 223,000 to 223,250.