The Labor Department released its weekly unemployment report on Thursday. It showed that about 227,000 workers filed for unemployment benefits in the week ending on July 29th. Here is the official Labor Department statement:
In the week ending July 29, the advance figure for seasonally adjusted initial claims was 227,000, an increase of 6,000 from the previous week's unrevised level of 221,000. The 4-week moving average was 228,250, a decrease of 5,500 from the previous week's unrevised average of 233,750.
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