The Labor Department released its weekly unemployment report on Thursday. It showed about 222,000 workers filed for unemployment benefits in the week ending on July 6th. Here is the official Labor Department statement:
In the week ending July 6, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 17,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 238,000 to 239,000. The 4-week moving average was 233,500, a decrease of 5,250 from the previous week's revised average. The previous week's average was revised up by 250 from 238,500 to 238,750.
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