Jobless Claims

TuTu Monroe

A Realist
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA

In the week ending April 10, the advance figure for seasonally adjusted initial claims was 484,000, an increase of 24,000 from the previous week's unrevised figure of 460,000. The 4-week moving average was 457,750, an increase of 7,500 from the previous week's unrevised average of 450,250.
The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending April 3, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.5 percent.
The advance number for seasonally adjusted insured unemployment during the week ending April 3 was 4,639,000, an increase of 73,000 from the preceding week's revised level of 4,566,000. The 4-week moving average was 4,638,500, a decrease of 13,750 from the preceding week's revised average of 4,652,250.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.217 million.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 514,742 in the week ending April 10, an increase of 99,730 from the previous week. There were 610,522 initial claims in the comparable week in 2009.
The advance unadjusted insured unemployment rate was 3.8 percent during the week ending April 3, a decrease of 0.1 percentage point from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 4,931,188, a decrease of 114,048 from the preceding week. A year earlier, the rate was 4.7 percent and the volume was 6,327,841.

Extended benefits were available in Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, Washington, West Virginia, and Wisconsin during the week ending March 27.
Initial claims for UI benefits by former Federal civilian employees totaled 1,240 in the week ending April 3, an increase of 53 from the prior week. There were 3,114 initial claims by newly discharged veterans, an increase of 801 from the preceding week.
There were 20,933 former Federal civilian employees claiming UI benefits for the week ending March 27, a decrease of 67 from the previous week. Newly discharged veterans claiming benefits totaled 34,694, a decrease of 2,190 from the prior week.
States reported 5,855,301 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending March 27, an increase of 261,817 from the prior week. There were 2,148,241 claimants in the comparable week in 2009. EUC weekly claims include first, second, third, and fourth tier activity.
The highest insured unemployment rates in the week ending March 27 were in Alaska (6.8 percent), Oregon (6.0), Puerto Rico (5.9), Pennsylvania (5.6), Wisconsin (5.5), Michigan (5.4), Montana (5.3), Idaho (5.2), Nevada (5.2), California (4.8), North Carolina (4.8), and Rhode Island (4.8).
The largest increases in initial claims for the week ending April 3 were in Pennsylvania (+5,314), New Jersey (+3,582), Illinois (+2,250), Ohio (+1,769), and Washington (+1,673), while the largest decreases were in Texas (-3,138), California (-2,973), Florida (-2,646), North Carolina (-1,839), and Puerto Rico
(-676).
UNEMPLOYMENT INSURANCE DATA FOR REGULAR STATE PROGRAMS
 
Why does every argument with turdspin devolve into 'GED!', 'Racists!', or 'Nazis!' ?

The guy's an internet punchline
 
Why does every argument with turdspin devolve into 'GED!', 'Racists!', or 'Nazis!' ?

The guy's an internet punchline

because uneducated people like you guys will dig through a mountain of good news to have some joy in posting a bad item. Though tin I think most thinks economic are way over your head. Tutu knows better but she's hard core righty and can't help herself.:321:
 
What mountain? It's the top of the data heap you ignorant wall sheep investor.

I'll not be suprised to hear in the future that you've been milked of another bucket of your wealth by chasing "sound investments" after the next round insider (read: FEDs ) manipulations. They're raising interest rates. Do you really expect increased costs in capital will fuel speedier recovery?

Wait, it's turdspin we're talking about here. I'm a GED!
 
The sad part is these people don't have jobs and it will take longer for the economy to recover.

Looks like crocodile tears to me. The haters on the right want America to suffer as long as Obama is in office, and they could care less who gets hurt by the bad economic news they delight in.

They want America to fail for their own petty political reasons.

And, yes, some oppose Obama because of racism. Deal with it.:pke:
 
What mountain? It's the top of the data heap you ignorant wall sheep investor.

I'll not be suprised to hear in the future that you've been milked of another bucket of your wealth by chasing "sound investments" after the next round insider (read: FEDs ) manipulations. They're raising interest rates. Do you really expect increased costs in capital will fuel speedier recovery?

Wait, it's turdspin we're talking about here. I'm a GED!

you don't read, I'm not surprised. Yet I post it here and it's roundly ignored.

Intel sales way up
JP Morgan earnings way up
UPS- ahh they deliver income way up
retail sales way up
All the crying you tools are doing while the economy is launching!!!
 
Looks like crocodile tears to me. The haters on the right want America to suffer as long as Obama is in office, and they could care less who gets hurt by the bad economic news they delight in.

They want America to fail for their own petty political reasons.

And, yes, some oppose Obama because of racism. Deal with it.:pke:

LOL yeah, that's it! What a pile of shit you are
 
you don't read, I'm not surprised. Yet I post it here and it's roundly ignored.

Intel sales way up
JP Morgan earnings way up
UPS- ahh they deliver income way up
retail sales way up
All the crying you tools are doing while the economy is launching!!!

Charles Schwab
Alcoa
Walgreens
Tiffany's

All earnings misses.

Jobless Claims up again
Foreclosures up again
Credit Card market very overloaded (meaning hard to get more consumer spending)
Mutual funds have little cash (meaning they won't likely be a continued driver unless they get more funds)

Credit is still tight

2005 5 year ARMS resetting
2007 3 year ARMS resetting

Deficit spending still over $1.4 trillion

I would not be so quick to state there is a 'mountain' of evidence that we are in a sustainable recovery.

That said, the politicians will do everything in their power to try and keep the market propped up until November.
 
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