ETA News Release: Unemployment Insurance Weekly Claims Report (01/29/2015)
Source: Department of Labor, Employment and Training Admin
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U.S. Department of Labor Employment and Training Administration
Washington, D.C. 20210
Release Number: USDL 15-130-NAT
Program Contacts:
Tom Stengle (202) 693-2991
Tony Sznoluch (202) 693-3176
Media Contact: (202) 693-4676
TRANSMISSION OF MATERIALS IN THIS RELEASE IS EMBARGOED UNTIL
8:30 A.M. (Eastern) Thursday, January 29, 2015
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS
SEASONALLY ADJUSTED DATA
In the week ending January 24, the advance figure for seasonally adjusted initial claims was 265,000, a decrease of 43,000 from the previous week's revised level. This is the lowest level for initial claims since April 15, 2000 when it was 259,000. The previous week's level was revised up by 1,000 from 307,000 to 308,000. The 4-week moving average was 298,500, a decrease of 8,250 from the previous week's revised average. The previous week's average was revised up by 250 from 306,500 to 306,750.
There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending January 17, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 17 was 2,385,000, a decrease of 71,000 from the previous week's revised level. The previous week's level was revised up 13,000 from 2,443,000 to 2,456,000. The 4-week moving average was 2,438,500, an increase of 8,250 from the previous week's revised average. The previous week's average was revised up by 3,250 from 2,427,000 to 2,430,250.
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UNADJUSTED DATA
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The total number of people claiming benefits in all programs for the week ending January 10 was 2,961,887, a decrease of 87,774 from the previous week. There were 3,565,172 persons claiming benefits in all programs in the comparable week in 2014.
Read more: Read More: http://www.dol.gov/opa/media/press/eta/eta20150130.pdf
jschurchin
(1,456 posts)I'm just guessing here, but I guess all the Oil Field guy's and affiliated Industries who lost their jobs don't count here. Oh well, and my friends wonder why I continue to tell them don't believe anything Washington say's.
progree
(10,912 posts)whatthehey
(3,660 posts)oil field workers who filed initial claims last week by any wild chance
progree
(10,912 posts)http://news.yahoo.com/us-jobless-claims-plunge-14-140341439.html
Analysts said faulty seasonal adjustments involving the year-end holidays were likely to blame for the sharp decline in a week that also included the Martin Luther King Jr holiday.
"The seasonal problems will fade over the next few weeks, allowing the underlying trend to re-emerge," said Ian Shepherdson of Pantheon Macroeconomics.
"We have no reason to think it has changed significantly since before the holidays, when claims were running at about 290,000."
Hmmm. Whatever