About 230,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment report on Thursday. It showed that about 230,000 workers filed for unemployment benefits in the week ending on August 19th. Here is the official Labor Department statement: 

In the week ending August 19, the advance figure for seasonally adjusted initial claims was 230,000, a decrease of 10,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 239,000 to 240,000. The 4-week moving average was 236,750, an increase of 2,250 from the previous week's revised average. The previous week's average was revised up by 250 from 234,250 to 234,500.