Friday, November 17, 2023

About 231,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed that about 231,000 workers filed for unemployment benefits in the week ending on November 11th. Here is the official Labor Department statement: 

In the week ending November 11, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 13,000 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 220,250, an increase of 7,750 from the previous week's revised average. The previous week's average was revised up by 250 from 212,250 to 212,500.

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