The Labor Department released its weekly unemployment statistics on Thursday. It showed that about 235,000 workers filed for unemployment benefits in the week ending on July 2nd. Here is the official Labor Department statement:
In the week ending July 2, the advance figure for seasonally adjusted initial claims was 235,000, an increase of 4,000 from the previous week's unrevised level of 231,000. The 4-week moving average was 232,500, an increase of 750 from the previous week's unrevised average of 231,750.
