The Labor Department released its weekly unemployment report on Thursday. It showed that about 198,000 workers filed for unemployment benefits in the week ending on March 25th. Here is the official Labor Department statement:
In the week ending March 25, the advance figure for seasonally adjusted initial claims was 198,000, an increase of 7,000 from the previous week's unrevised level of 191,000. The 4-week moving average was 198,250, an increase of 2,000 from the previous week's unrevised average of 196,250.