About 202,000 Workers Filed For Unemployment Last Week

The Labor Department released it weekly unemployment statistics on Thursday. It showed that about 202,000 workers filed for unemployment benefits in the week ending on March 26th. This was an increase of about 14,000 over last week's incredibly low number (the best since 1969).

Here is the official statement from the Labor Department:

In the week ending March 26, the advance figure for seasonally adjusted initial claims was 202,000, an increase of 14,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 187,000 to 188,000. The 4-week moving average was 208,500, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 250 from 211,750 to 212,000.