The Labor Department released its weekly unemployment statistics on Thursday. It showed that about 225,000 workers filed for unemployment benefits in the week ending on November 26th. Here is the official Labor Department statement:
In the week ending November 26, the advance figure for seasonally adjusted initial claims was 225,000, a decrease of 16,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 240,000 to 241,000. The 4-week moving average was 228,750, an increase of 1,750 from the previous week's revised average. The previous week's average was revised up by 250 from 226,750 to 227,000.
