Initial weekly unemployment claims for the week ending on March 10th, 2012 were 351,000. The DOL reports this as a decrease of 14,000 from last week. The previous week was revised, from 362,000 to 365,000, an increase of 3,000. This is the lowest number of people filing for unemployment reported in four years, March 2008.
Initial weekly unemployment claims for the week ending on February 18th, 2012 were 351,000. The DOL reports this as unchanged from last week. The previous week was revised, from 348,000 to 351,000, an increase of 3,000.
Initial weekly unemployment claims for the week ending on February 4, 2012 were 358,000. The DOL reports this as a decrease of 15,000 from last week. The previous week was revised, from 367,000 to 373,000, an increase of 6,000.
Initial weekly unemployment claims for the week ending on January 7th, 2012 were 399,000. The DOL reports this as a increase of 24,000 from last week. The previous week was revised, from 372,000 to 375,000, an increase of 3,000.
Initial weekly unemployment claims for the week ending on December 31st, 2011 were 372,000. The DOL reports this as a decrease of 15,000 from last week. The previous report, two weeks ago due to the holiday, was revised, from 387,000 from 381,000, an increase of 6,000. Initial unemployment claims are well below the magic 400,000 number, which indicates any job growth.
Initial weekly unemployment claims for the week ending on December 10th, 2011 were 366,000. The DOL reports this as a decrease of 19,000 from last week. The previous week was revised, from 381,000 to 385,000, an increase of 4,000. The week of May 31st, 2008, initial unemployment claims were 365,000, which makes today's initial claims a 3 and a half year low.
Initial weekly unemployment claims for the week ending on December 3rd, 2011 were 381,000. The DOL reports this as a decrease of 23,000 from last week. The previous week was revised, from 402,000 to 404,000, an increase of 2,000. Initial unemployment claims are breaking the magic 400,000 number and this week makes a 10 month low.
Initial weekly unemployment claims for the week ending on September 17th, 2011 were 423,000. The DOL reports this as a decrease of 9,000 from the previous week. But the previous week was revised, from 428,000 to 432,000, an increase of 4,000.
Initial weekly unemployment claims for week of August 20th were 417,000, an increase of 5,000. The previous week was revised up 4,000, from 408,000 to 412,000.
The media and stock market are insane. This is why. Today, AP reported the stock market, seemingly on a daily 500 point roller coaster, increased due to initial weekly unemployment claims. Don't they realize every week, the previous week is almost always revised upward?
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