The DOL reported Initial weekly unemployment claims for the week ending on December 15th, 2012 were 361,000, a 17,000 increase from the previous week of 344,000. Superstorm Sandy's devastating effects should be normalizing out by now, so this is a troubling increase in initial unemployment filings.
The DOL reported Initial weekly unemployment claims for the week ending on November 17th, 2012 were 410,000, a 41,000 drop from the previous week of 451,000. Superstorm Sandy's devastating effects can be seen in state not seasonally adjusted claims for the week of November 10th.
The DOL reported Initial weekly unemployment claims for the week ending on October 6th, 2012 were 339,000, a 30,000 drop from the previous week of 369,000. From pundits to politicians, people are freaking out for this makes initial claims the lowest level since February 16th, 2008.
Initial unemployment claims continue to show never ending U.S. worker malaise. Initial weekly unemployment claims for the week ending on September 15th, 2012 were 382,000,. While the DOL reports this as an decrease of 3,000 from last week's revised figure of 385,000, last week was actually revised upwards by 3,000, so one might look at this as no change.
Another week, another bit of bad news for workers and the stagnant economy drone continues. Initial weekly unemployment claims for the week ending on July 14, 2012 were 386,000,. The DOL reports this as an increase of 34,000 from last week's revised figure of 352,000 people filing for unemployment benefits.
Initial weekly unemployment claims for the week ending on June 16, 2012 were 387,000. The DOL reports this as a decrease of 2,000 from last week, yet last week's initial claims were revised up, from 386,000 to 389,000, an increase of 3,000. Initial claims for unemployment insurance are stagnating, not declining as needed, as seen in the below chart.
Initial weekly unemployment claims for the week ending on May 19th, 2012 were 370,000. The DOL reports this as a decrease of 2,000 from last week, yet last week's initial claims were revised up, from 370,000 to 372,000. In essence, initial claims for unemployment insurance are stagnating, not declining as needed, as seen in the below chart.
Initial weekly unemployment claims for the week ending on March 17th, 2012 were 348,000. The DOL reports this as a decrease of 5,000 from last week. The previous week was revised, from 351,000 to 353,000, an increase of 2,000. 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 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.
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