The Labor Department released its weekly unemployment report on Thursday. It showed about 219,000 workers filed for unemployment benefits in the week ending on March 29th. Here is the official Labor Department statement:
In the week ending March 29, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 6,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 224,000 to 225,000. The 4-week moving average was 223,000, a decrease of 1,250 from the previous week's revised average. The previous week's average was revised up by 250 from 224,000 to 224,250.
