The Labor Department released its weekly unemployment report on Thursday. The report showed that 207,000 workers filed for unemployment benefits in the week ending on January 25th. Here is the official Labor Department statement:
In the week ending January 25, the advance figure for seasonally adjusted initial claims was 207,000, a decrease of 16,000 from the previous week's unrevised level of 223,000. The 4-week moving average was 212,500, a decrease of 1,000 from the previous week's unrevised average of 213,500.
