The Labor Department released its weekly unemployment statistics on Thursday. It showed that about 238,000 workers filed for unemployment benefits in the week ending on January 29th. That was a slight decrease over last weeks number of filers (of about 23,000).Here is the official Labor Department statement:
In the week ending January 29, the advance figure for seasonally adjusted initial claims was 238,000, a decrease of 23,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 260,000 to 261,000. The 4-week moving average was 255,000, an increase of 7,750 from the previous week's revised average. The previous week's average was revised up by 250 from 247,000 to 247,250.
