About 227,000 Workers Filed For Unemployment Last Week

The Labor Department released its weekly unemployment report on Thursday. It showed that about 227,000 workers filed for unemployment benefits in the week ending on August 10th. Here is the official Labor Department statement:

In the week ending August 10, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 7,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 233,000 to 234,000. The 4-week moving average was 236,500, a decrease of 4,500 from the previous week's revised average. The previous week's average was revised up by 250 from 240,750 to 241,000.