217,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment report on Thursday. It showed that about 217,000 workers filed for unemployment benefits in the week ending on November 4th. Here is the official Labor Department statement:

In the week ending November 4, the advance figure for seasonally adjusted initial claims was 217,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 217,000 to 220,000. The 4-week moving average was 212,250, an increase of 1,500 from the previous week's revised average. The previous week's average was revised up by 750 from 210,000 to 210,750.