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Weekly First Time Claims decrease to 409,000 - Aug. 27

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Weekly First Time Claims decrease to 409,000 - Aug. 27

Post by Guest on Thu Sep 01, 2011 9:51 am

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending August 27, the advance figure for seasonally adjusted initial claims was 409,000, a decrease of 12,000 from the previous week's revised figure of 421,000. The 4-week moving average was 410,250, an increase of 1,750 from the previous week's revised average of 408,500.
http://www.dol.gov/opa/media/press/eta/ui/current.htm

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Re: Weekly First Time Claims decrease to 409,000 - Aug. 27

Post by exhaustedandtired/1208 on Thu Sep 01, 2011 11:07 am

wow, we must be in another recovery!

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Re: Weekly First Time Claims decrease to 409,000 - Aug. 27

Post by Guest on Thu Sep 01, 2011 11:16 am

exhaustedandtired/1208 wrote:wow, we must be in another recovery!
Guess so!! Very Happy

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Re: Weekly First Time Claims decrease to 409,000 - Aug. 27

Post by Dazed&Confused on Thu Sep 01, 2011 12:05 pm

Nah, they will just adjust it up next week. They can't get anything correct.

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Re: Weekly First Time Claims decrease to 409,000 - Aug. 27

Post by Guest on Thu Sep 01, 2011 12:42 pm

409,000 is nothing to be proud of, really. Next week the jobs report for the month comes out, we shall see what happens then.

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Re: Weekly First Time Claims decrease to 409,000 - Aug. 27

Post by Guest on Thu Sep 01, 2011 12:44 pm

MaryKay wrote:409,000 is nothing to be proud of, really. Next week the jobs report for the month comes out, we shall see what happens then.
They will blame the higher numbers on Irene and earthquake. They luck out every month with something to blame it on. Shocked

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Re: Weekly First Time Claims decrease to 409,000 - Aug. 27

Post by jmainframe on Thu Sep 01, 2011 2:46 pm

Must be 375K or less for several consecutive months in order to indicate a REAL job recovery. Summer jobs are coming to an end also, but I suppose that will simply be "seasonally adjusted" when they begin filing.

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Re: Weekly First Time Claims decrease to 409,000 - Aug. 27

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