The Labor Department released its weekly unemployment report on Thursday. It showed about 231,000 workers filed for unemployment benefits in the week ending on August 24th. Here is the official Labor Department statement:
In the week ending August 24, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 232,000 to 233,000. The 4-week moving average was 231,500, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 250 from 236,000 to 236,250.
