Another Million Workers Filed For Unemployment Last Week

The Labor Department released its statistics for new unemployment claims on Thursday. Last week (the week ending on August 22nd) about 1,006,000 workers filed for unemployment benefits. It marks the 22nd week out of the last 23 weeks that more than a million workers filed for unemployment.

Here is the Labor Department's official statement:

In the week ending August 22, the advance figure for seasonally adjusted initial claims was 1,006,000, a decrease of 98,000 from the previous week's revised level. The previous week's level was revised down by 2,000 from 1,106,000 to 1,104,000. The 4-week moving average was 1,068,000, a decrease of 107,250 from the previous week's revised average. The previous week's average was revised down by 500 from 1,175,750 to 1,175,250.