initial claims

Initial Unemployment Claims 410,000 for November 17, 2012 - Sandy Still Pounds Workers

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.

 

Unemployment Claims Stagnant - 370,000 for the Week of May 19th, 2012

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.

 

Unemployment Claims Going in the Wrong Direction, 386,000 for Week of April 14th, 2012

Initial weekly unemployment claims for the week ending on April 14th, 2012 were 386,000. The DOL reports this as a decrease of 2,000 from last week. The previous week was revised, from 380,000 to 388,000, an increase of 8,000. This is not good news for any recovery.

 

Initial Unemployment Claims were 348,000, a Four Year Low

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 Unemployment Claims were 351,000 for March 10th, 2012

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.

 

Pages