About 214,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment statistics on Thursday. It showed that about 214,000 workers filed for unemployment benefits in the week ending on October 15th. Here is the official Labor Department statement:

In the week ending October 15, the advance figure for seasonally adjusted initial claims was 214,000, a decrease of 12,000 from the previous week's revised level. The previous week's level was revised down by 2,000 from 228,000 to 226,000. The 4-week moving average was 212,250, an increase of 1,250 from the previous week's revised average. The previous week's average was revised down by 500 from 211,500 to 211,000.