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User Info U.S. INITIAL JOBLESS CLAIMS ROSE 2,000 LAST WEEK TO 366,000 in forum [NotSoBreaking]
Bearshort
Posts: 4489
Incept: 2007-09-13
Green
NYC
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U.S. INITIAL JOBLESS CLAIMS ROSE 2,000 LAST WEEK TO 366,000, from upwardly revised last week.....

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"How long to the point of know return?"
Enemies of the State: Bernanke, Geithner, Frank, Dodd, Greenspan, Paulson.
Argos
Posts: 6338
Incept: 2008-03-23
Gold
The Green Mountain State
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Econoday was expecting a reading of 365K claims.

The prior week was revised higher by 3K 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 August 11, the advance figure for seasonally adjusted initial claims was 366,000, an increase of 2,000 from the previous week's revised figure of 364,000. The 4-week moving average was 363,750, a decrease of 5,500 from the previous week's revised average of 369,250.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending August 4, unchanged from the prior week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending August 4, was 3,305,000, a decrease of 31,000 from the preceding week's revised level of 3,336,000. The 4-week moving average was 3,303,000, a decrease of 3,000 from the preceding week's revised average of 3,306,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 315,776 in the week ending August 11, a decrease of 4,443 from the previous week. There were 346,014 initial claims in the comparable week in 2011.

The advance unadjusted insured unemployment rate was 2.5 percent during the week ending August 4, unchanged from the prior week's unrevised rate. The advance unadjusted number for persons claiming UI benefits in state programs totaled 3,172,998, a decrease of 69,887 from the preceding week. A year earlier, the rate was 2.8 percent and the volume was 3,553,649.

The total number of people claiming benefits in all programs for the week ending July 28 was 5,680,545, a decrease of 69,782 from the previous week.

Poer
Posts: 1389
Incept: 2008-09-28
Silver
'Eppur si muove!'
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The ecomomy is improving ... here smoke this and you'll see it... well if you don't smoke at least try some Kool Aid... it will help you see the truth... things are getting better trust in the Government when have they lied to you?

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"The degree to which a man substitutes the judgment of others for his own, failing to look at reality directly, is the degree to which his mental processes are alienated from reality." Nathaniel Branden in Ayn Rands 'Capitalism The Unknown Ideal'
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