About 202,000 Workers Filed For Unemployment Last Week

The Labor Department released the weekly unemployment report on Thursday. It showed that about 202,000 workers filed for unemployment benefits in the week ending on December 30th. Here is the official Labor Department statement:

In the week ending December 30, the advance figure for seasonally adjusted initial claims was 202,000, a decrease of 18,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 218,000 to 220,000. The 4-week moving average was 207,750, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 500 from 212,000 to 212,500.