ETA News Release: Unemployment Insurance Weekly Claims Report (01/12/2012)
ETA News Release: Unemployment Insurance Weekly Claims Report (01/12/2012)
Link: http://www.dol.gov/opa/media/press/eta/ui/eta20120025.htm
Source: Department of Labor Employment and Training Administration
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UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA
In the week ending January 7, the advance figure for seasonally adjusted initial claims was 399,000, an increase of 24,000 from the previous week's revised figure of 375,000. The 4-week moving average was 381,750, an increase of 7,750 from the previous week's revised average of 374,000.
The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending December 31, unchanged from the prior week's revised rate.
The advance number for seasonally adjusted insured unemployment during the week ending December 31, was 3,628,000, an increase of 19,000 from the preceding week's revised level of 3,609,000. The 4-week moving average was 3,605,000, unchanged from the preceding week's revised average.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 642,381 in the week ending January 7, an increase of 102,314 from the previous week. There were 773,499 initial claims in the comparable week in 2011.
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Good morning, Freepers and DUers alike. It is time once again for the weekly unemployment insurance initial claims report.
Here for your viewing pleasure are this week's data, brought to you as a nonpartisan public service. This is just one example of the good work your civil servants are performing for you.
That word "initial" is important. The report does not count all claims, just the new ones filed this week.
Wow, up a lot this week and nearly back to 400,000. Not good.
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