The Labor Department released its weekly unemployment report on Thursday. It showed about 223,000 workers filed for unemployment benefits in the week ending on March 15th. Here is the official Labor Department statement:
In the week ending March 15, the advance figure for seasonally adjusted initial claims was 223,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 220,000 to 221,000. The 4-week moving average was 227,000, an increase of 750 from the previous week's revised average. The previous week's average was revised up by 250 from 226,000 to 226,250.
