About 229,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment report on Thursday. It showed about 229,000 workers filed for unemployment benefits in the week ending on August 23rd. Here is the official Labor Department statement:

In the week ending August 23, the advance figure for seasonally adjusted initial claims was 229,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 235,000 to 234,000. The 4-week moving average was 228,500, an increase of 2,500 from the previous week's revised average. The previous week's average was revised down by 250 from 226,250 to 226,000.