About 205,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment statistics on Thursday. It showed that about 205,000 workers filed for unemployment benefits in the week ending on January 7th. Here is the official Labor Department statement.

In the week ending January 7, the advance figure for seasonally adjusted initial claims was 205,000, a decrease of 1,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 204,000 to 206,000. The 4-week moving average was 212,500, a decrease of 1,750 from the previous week's revised average. The previous week's average was revised up by 500 from 213,750 to 214,250.