The Labor Department released its weekly unemployment report on Wednesday this week (because of the holiday on Thursday). It showed that about 238,000 workers filed for unemployment benefits in the week end on June 29th. Here is the official Labor Department statement:
In the week ending June 29, the advance figure for seasonally adjusted initial claims was 238,000, an increase of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 233,000 to 234,000. The 4-week moving average was 238,500, an increase of 2,250 from the previous week's revised average. The previous week's average was revised up by 250 from 236,000 to 236,250.
