The Labor Department released its weekly unemployment report on Thursday. It showed that about 218,000 workers filed for unemployment benefits in the week ending on November 25th. Here is the official Labor Department statement:
In the week ending November 25, the advance figure for seasonally adjusted initial claims was 218,000, an increase of 7,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 209,000 to 211,000. The 4-week moving average was 220,000, a decrease of 500 from the previous week's revised average. The previous week's average was revised up by 500 from 220,000 to 220,500.
