About 250,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment statistics on Thursday. It showed that about 250,000 workers filed for unemployment benefits in the week ending on August 13th. Here is the official Labor Department statement:

In the week ending August 13, the advance figure for seasonally adjusted initial claims was 250,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised down by 10,000 from 262,000 to 252,000. The 4-week moving average was 246,750, a decrease of 2,750 from the previous week's revised average. The previous week's average was revised down by 2,500 from 252,000 to 249,500.