About 232,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment report on Thursday. It showed that about 232,000 workers filed for unemployment benefits in the week ending on May 27th. Here is the official Labor Department statement:

In the week ending May 27, the advance figure for seasonally adjusted initial claims was 232,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 229,000 to 230,000. The 4-week moving average was 229,500, a decrease of 2,500 from the previous week's revised average. The previous week's average was revised up by 250 from 231,750 to 232,000.