About 227,000 Workers Filed For Unemployment Last Week

The Labor Department released their weekly unemployment report on Thursday. It showed about 227,000 workers filed for unemployment benefits in the week ending on May 17th. Here is the official Labor Department statement:

In the week ending May 17, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 2,000 from the previous week's unrevised level of 229,000. The 4-week moving average was 231,500, an increase of 1,000 from the previous week's unrevised average of 230,500.