The Labor Department released its weekly unemployment statistics on Thursday. It showed that about 222,000 workers filed for unemployment benefits in the week ending on November 12th. Here is the official Labor Department statement:
In the week ending November 12, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 225,000 to 226,000. The 4-week moving average was 221,000, an increase of 2,000 from the previous week's revised average. The previous week's average was revised up by 250 from 218,750 to 219,000.
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