About 214,000 Workers Filed For Unemployment Last Week

The Labor Department released is weekly unemployment report on Thursday. It showed that about 214,000 workers filed for unemployment benefits in the week ending on January 20th. Here is the official Labor Department statement:

In the week ending January 20, the advance figure for seasonally adjusted initial claims was 214,000, an increase of 25,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 187,000 to 189,000. The 4-week moving average was 202,250, a decrease of 1,500 from the previous week's revised average. The previous week's average was revised up by 500 from 203,250 to 203,750.