The Labor Department released its weekly unemployment report on Thursday. It showed that about 215,000 workers filed for unemployment benefits in the week ending on May 18th. Here is the official Labor Department statement:
In the week ending Ma y 18, the a dva nce figure for sea sona lly a djusted initial claims wa s 215,000, a decrea se of 8,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 222,000 to 223,000. The 4-week moving average was 219,750, an increase of 1,750 from the previous week's revised average. The p revious week's average was revised up by 250 from 217,750 to 218,000.
