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 December 24th. Here is the official Labor Department statement:
In the week ending December 24, the advance figure for seasonally adjusted initial claims was 225,000, an increase of 9,000 from the previous week's unrevised level of 216,000. The 4-week moving average was 221,000, a decrease of 250 from the previous week's revised average. The previous week's average was revised down by 500 from 221,750 to 221,250.
