Friday, November 01, 2024

About 216,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment report on Thursday. It showed that about 216,000 workers filed for unemployment benefits in the week ending on October 26th. Here is the official Labor Department statement:

In the week ending October 26, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 12,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 227,000 to 228,000. The 4-week moving average was 236,500, a decrease of 2,250 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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