The Labor Department released its weekly unemployment report on Thursday. It showed that about 221,000 workers filed for unemployment benefits in the week ending on July 22. Here is the official Labor Department statement:
In the week ending July 22, the advance figure for seasonally adjusted initial claims was 221,000, a decrease of 7,000 from the previous week's unrevised level of 228,000. The 4-week moving average was 233,750, a decrease of 3,750 from the previous week's unrevised average of 237,500.
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