The Labor Department released its weekly unemployment report on Thursday. It showed that about 210,000 workers filed for unemployment benefits in the week ending on March 16th. Here is the official Labor Department statement:
In the week ending March 16, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 209,000 to 212,000. The 4-week moving average was 211,250, an increase of 2,500 from the previous week's revised average. The previous week's average was revised up by 750 from 208,000 to 208,750.
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