The Labor Department released its weekly unemployment report on Thursday. It showed that about 242,000 workers filed for unemployment benefits in the week ending on June 8th. Here is the official Labor Department statement:
In the week ending June 8, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 13,000 from the previous week's unrevised level of 229,000. The 4-week moving average was 227,000, an increase of 4,750 from the previous week's unrevised average of 222,250.
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