Another 840,000 Workers Filed For Unemployment Last Week

 

The Labor Department announced its weekly filings for unemployment benefits on Thursday. It showed that another 840,000 workers filed for unemployment. That makes the sixth week in a row that over 800,000 workers filed -- about 4 times the number that were filing before the Trump recession.

Here is the official announcement from the Labor Department:

In the week ending October 3, the advance figure for seasonally adjusted initial claims was 840,000, a decrease of 9,000 from the previous week's revised level. The previous week's level was revised up by 12,000 from 837,000 to 849,000. The 4-week moving average was 857,000, a decrease of 13,250 from the previous week's revised average. The previous week's average was revised up by 3,000 from 867,250 to 870,250.