About 228,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment report on Thursday. It showed that about 228,000 workers filed for unemployment benefits in the week ending on August 26th. Here is the official Labor Department statement:

In the week ending August 26, the advance figure for seasonally adjusted initial claims was 228,000, a decrease of 4,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 230,000 to 232,000. The 4-week moving average was 237,500, an increase of 250 from the previous week's revised average. The previous week's average was revised up by 500 from 236,750 to 237,250.