About 240,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment report on Thursday. It showed about 240,000 workers filed for unemployment benefits in the week ending on May 24th. Here is the official Labor Department statement:

In the week ending May 24, the advance figure for seasonally adjusted initial claims was 240,000, an increase of 14,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 227,000 to 226,000. The 4-week moving average was 230,750, a decrease of 250 from the previous week's revised average. The previous week's average was revised down by 500 from 231,500 to 231,000.