684,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment claims statistics on Thursday. It showed that 684,000 workers filed for unemployment benefits in the week ending on March 20th. That's the lowest number in several months, but still about three times the pre-recession numbers.

Here is the official Labor Department statement:

In the week ending March 20, the advance figure for seasonally adjusted initial claims was 684,000, a decrease of 97,000 from the previous week's revised level. The previous week's level was revised up by 11,000 from 770,000 to 781,000. The 4-week moving average was 736,000, a decrease of 13,000 from the previous week's revised average. The previous week's average was revised up by 2,750 from 746,250 to 749,000.