Friday, August 23, 2024

About 232,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed about 232,000 workers filed for unemployment benefits in the week ending on August 17th. Here is the official Labor Department statement:

In the week ending August 17, the advance figure for seasonally adjusted initial claims was 232,000, an increase of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 227,000 to 228,000. The 4-week moving average was 236,000, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 250 from 236,500 to 236,750. 

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