Friday, November 03, 2023

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 to receive unemployment benefits in the week ending on October 28th. Here is the official Labor Department statement:

In the week ending October 28, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 5,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 210,000 to 212,000. The 4-week moving average was 210,000, an increase of 2,000 from the previous week's revised average. The previous week's average was revised up by 500 from 207,500 to 208,000. 

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