About 217,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly statistics on Thursday. Those stats showed that about 217,000 workers filed for unemployment benefits in the week ending on October 29th. Here is the official Labor Department statement:

In the week ending October 29, the advance figure for seasonally adjusted initial claims was 217,000, a decrease of 1,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 217,000 to 218,000. The 4-week moving average was 218,750, a decrease of 500 from the previous week's revised average. The previous week's average was revised up by 250 from 219,000 to 219,250.