The Labor Department released its weekly unemployment report on Thursday. It showed about 220,000 workers filed for unemployment benefits in the week ending on December 14th. Here is the official Labor Department statement:
In the week ending December 14, the advance figure for seasonally adjusted initial claims was 220,000, a decrease of 22,000 from the previous week's unrevised level of 242,000. The 4-week moving average was 225,500, an increase of 1,250 from the previous week's unrevised average of 224,250.
