U.S. INITIAL JOBLESS CLAIMS FELL 26,000 LAST WEEK TO 350,000 [NotSoBreaking] - MarketTicker Forums


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User Info	U.S. INITIAL JOBLESS CLAIMS FELL 26,000 LAST WEEK TO 350,000 in forum [NotSoBreaking]
Bearshort Posts: 4478 Incept: 2007-09-13 NYC	U.S. INITIAL JOBLESS CLAIMS FELL 26,000 LAST WEEK TO 350,000 ---------- "How long to the point of know return?" Enemies of the State: Bernanke, Geithner, Frank, Dodd, Greenspan, Paulson. 2012-07-12 08:31:29 Permalink
Argos Posts: 6315 Incept: 2008-03-23 The Green Mountain State	Econoday was expecting a reading of 375K claims. The prior week was revised higher by 2K claims. DoL Release: http://www.dol.gov/opa/media/press/eta/u.... Partial quote: Quote: UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA In the week ending July 7, the advance figure for seasonally adjusted initial claims was 350,000, a decrease of 26,000 from the previous week's revised figure of 376,000. The 4-week moving average was 376,500, a decrease of 9,750 from the previous week's revised average of 386,250. The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending June 30, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 30 was 3,304,000, a decrease of 14,000 from the preceding week's revised level of 3,318,000. The 4-week moving average was 3,308,500, an increase of 1,250 from the preceding week's revised average of 3,307,250. UNADJUSTED DATA The advance number of actual initial claims under state programs, unadjusted, totaled 439,743 in the week ending July 7, an increase of 69,971 from the previous week. There were 473,963 initial claims in the comparable week in 2011. The advance unadjusted insured unemployment rate was 2.4 percent during the week ending June 30, a decrease of 0.1 percentage point from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,102,691, a decrease of 42,328 from the preceding week. A year earlier, the rate was 2.8 percent and the volume was 3,534,925. The total number of people claiming benefits in all programs for the week ending June 23 was 5,874,035, an increase of 17,011 from the previous week. 2012-07-12 08:37:17 Permalink
Fraudster Posts: 4173 Incept: 2011-05-10	Is this data adjusted to account for the holiday? ---------- *"Let China sleep, for when she wakes, she will shake the world."* - Napoleon Bonaparte *"Circulation ceases first at the outer edges [Europe and Japan]. It will take a while yet for the decay to reach the heart [America]."* - Foundation & Empire by Isaac Asimov 2012-07-12 08:43:20 Permalink
Ghopper Posts: 2314 Incept: 2011-06-11 Staten Island, NY	How convenient that this tones down what was looking like a bad opening. Of course, this puts a stake in the heart of QE lovin' in the near future. How long before the market realizes that? 2012-07-12 08:48:40 Permalink
Xqqme Posts: 625 Incept: 2009-01-09 Ohio	Since the derecho hit our area, the place has been crawling with workers for clean up and repair. I expect this to last for at least the next 3 months. 2012-07-12 08:51:40 Permalink