Thanks for that bottom line, TexasFreeper2009.
Ping to some FRiends...
Posted on 11/12/2009 7:32:02 AM PST by xzins
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA
In the week ending Nov. 7, the advance figure for seasonally adjusted initial claims was 502,000, a decrease of 12,000 from the previous week's revised figure of 514,000. The 4-week moving average was 519,750, a decrease of 4,500 from the previous week's revised average of 524,250.
The advance seasonally adjusted insured unemployment rate was 4.3 percent for the week ending Oct. 31, unchanged from the prior week's unrevised rate of 4.4 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Oct. 31 was 5,631,000, a decrease of 139,000 from the preceding week's revised level of 5,770,000. The 4-week moving average was 5,790,750, a decrease of 100,750 from the preceding week's revised average of 5,891,500.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 529,446 in the week ending Nov. 7, an increase of 46,904 from the previous week. There were 539,787 initial claims in the comparable week in 2008.
The advance unadjusted insured unemployment rate was 3.8 percent during the week ending Oct. 31, an increase of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 4,944,307, an increase of 10,863 from the preceding week. A year earlier, the rate was 2.6 percent and the volume was 3,460,633.
Extended benefits were available in Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, and Wisconsin during the week ending Oct. 24.
Initial claims for UI benefits by former Federal civilian employees totaled 2,378 in the week ending Oct. 31, an increase of 309 from the prior week. There were 2,255 initial claims by newly discharged veterans, a decrease of 252 from the preceding week.
There were 22,478 former Federal civilian employees claiming UI benefits for the week ending Oct. 24, an increase of 818 from the previous week. Newly discharged veterans claiming benefits totaled 34,254, an increase of 354 from the prior week.
States reported 3,520,151 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending Oct. 24, an increase of 22,390 from the prior week. There were 820,503 claimants in the comparable week in 2008. EUC weekly claims include both first and second tier activity.
The highest insured unemployment rates in the week ending Oct. 24 were in Puerto Rico (6.4 percent), Oregon (5.4), Nevada (5.2), Pennsylvania (4.9), Alaska (4.8), Arkansas (4.8), California (4.8), Wisconsin (4.8), North Carolina (4.6), Michigan (4.5), and South Carolina (4.5).
The largest increases in initial claims for the week ending Oct. 31 were in Wisconsin (+1,501), Illinois (+1,390), Michigan (+1,135), Puerto Rico (+1,101), and Texas (+965), while the largest decreases were in California (-6,752), Florida (-3,409), Georgia (-2,686), New York (-2,067), and North Carolina (-1,872).
Any signs of alarm at the White House yet? Thought not.
Lots of numbers
I wonder what the numbers would be if illegals, who used to work under the table so to speak, and are now out ofwork - what would that number be?
Real unemployment at 25% Lies, damn lies and statixtics per the old quote....
Actual number is 22.4%!
the spin is that this is a decrease over last week’s numbers.
it’s like saying, “A minute ago he Hemorrhaged a pint of blood. Good news — he’s now only hemorrhaging at a .999 pint per minute rate!”
Yeah, right.
10.2% and climbing
All that matters is that another half million jobs were lost again last month, the rest is just spin.
The biggest LIE I read this morning is the ridiculous claim being pushed by AP and Reuters (at the behest of their best friends in the WH) that once we hit 450,000 initial claims we will be entering into a job growth phase. Lie, lie, lie!350,000 initial claims is the magic number before we will see any non-government funded job growth. Stop lying MSM, you can’t fool us anymore!
“THANK GOD OBAMA SAVED SO MANY JOBS!”
So let me get this straight...even when we have 350,000 claims being filed they will call that growth? How?!?
Of course not; they have their own cooked numbers.
I’m the same way.
350,000 NEW claims tells me that 350,000 people qualify for NEW claims.
That’s NOT good news.
was it unexpected again?
lol
Thanks for that bottom line, TexasFreeper2009.
Ping to some FRiends...
Since Obama’s inauguration the the weekly filings of new unemployment claims has averaged over 500,000 people. New claims represent real job losses as a person cannot claim unless she/he became unemployed. Over 38 weeks since the inauguration this equates to over 19 million jobs lost.
The employment situation is a disaster and continues to get worse. Expect more retail bankruptcies after the holiday season which will result in tens of thousands of additional job losses.
Since Obama’s inauguration the the weekly filings of new unemployment claims has averaged over 500,000 people. New claims represent real job losses as a person cannot claim unless she/he became unemployed. Over 38 weeks since the inauguration this equates to over 19 million jobs lost.
The employment situation is a disaster and continues to get worse. Expect more retail bankruptcies after the holiday season which will result in tens of thousands of additional job losses.
The word was used in the AP "headline" link. Remember the "jobless" recovery that was always in the headlines as the economy grew for most of the GWB years. The DBM is full of disgusting propagandists. They are largely responsible for having a kindergartener become the principal, so to speak.
I’m only trying to remember what I learned in college, but I can tell you I flat out do not believe that ridiculous 450,000 figure. Theoretically I think 350,000 is the number that usually is able to find other work fairly quickly, i.e. less than a month. And if that is the case, and that’s a big if, as that number slowly goes down we should see job growth. I’m only going from memory, if I’m wrong and somebody knows the correct number please tell me.
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