About 229,000 Workers Filed For Unemployment Last Week

The Labor Department released their weekly unemployment report on Thursday. It showed about 229,000 workers filed for unemployment benefits in the week ending on May 10th. Here is the official Labor Department statement:

In the week ending May 10, the advance figure for seasonally adjusted initial claims was 229,000, unchanged from the previous week's revised level. The previous week's level was revised up by 1,000 from 228,000 to 229,000. The 4-week moving average was 230,500, an increase of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 227,000 to 227,250.