ETA News Release: Unemployment Insurance Weekly Claims Report (01/05/2012)
ETA News Release: Unemployment Insurance Weekly Claims Report (01/05/2012)
Link: http://www.dol.gov/opa/media/press/eta/ui/eta20111823.htm
Source: Department of Labor Employment and Training Administration
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UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA
In the week ending December 31, the advance figure for seasonally adjusted initial claims was 372,000, a decrease of 15,000 from the previous week's revised figure of 387,000. The 4-week moving average was 373,250, a decrease of 3,250 from the previous week's revised average of 376,500.
The advance seasonally adjusted insured unemployment rate was 2.8 percent for the week ending December 24, a decrease of 0.1 percentage point from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending December 24, was 3,595,000, a decrease of 22,000 from the preceding week's revised level of 3,617,000. The 4-week moving average was 3,601,750, a decrease of 1,000 from the preceding week's revised average of 3,602,750.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 535,112 in the week ending December 31, an increase of 37,423 from the previous week. There were 578,904 initial claims in the comparable week in 2010.
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Good morning, Freepers and DUers alike. It is time once again for the weekly unemployment insurance initial claims report.
Here for your viewing pleasure are this week's data, brought to you as a nonpartisan public service. This is just one example of the good work your civil servants are performing for you.
That word "initial" is important. The report does not count all claims, just the new ones filed this week.
There's a big drop this week.
Fuddnik
(8,846 posts)They wouldn't try to bullshit us, would they?
dmallind
(10,437 posts)Last edited Thu Jan 5, 2012, 02:10 PM - Edit history (1)
Don't recall too many complaints when actual applications were 300k and seasonally adjusted above 400k. Imagine that - more people get laid off after the holidays than before in retail and delivery and so on .........
TheWraith
(24,331 posts)Not that I expect anyone to give a shit about anything that doesn't feed the narrative of the Evil Government.