Unemployment Insurance Weekly Claims Report (02/23/2012)

[mahatmakanejeeves]

Source: Employment and Training Administration, Department of Labor

Link: http://www.dol.gov/opa/media/press/eta/ui/eta20120328.htm

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending February 18, the advance figure for seasonally adjusted initial claims was 351,000, unchanged from the previous week's revised figure of 351,000. The 4-week moving average was 359,000, a decrease of 7,000 from the previous week's revised average of 366,000.

The advance seasonally adjusted insured unemployment rate was 2.7 percent for the week ending February 11, unchanged from the prior week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending February 11, was 3,392,000, a decrease of 52,000 from the preceding week's revised level of 3,444,000. The 4-week moving average was 3,453,250, a decrease of 43,750 from the preceding week's revised average of 3,497,000.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 345,216 in the week ending February 18, a decrease of 19,888 from the previous week. There were 380,985 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.

No change this week.

[dmallind]

1. Where are all the people who whine about seasonal adjustments, now they INcrease claims?

Your finger is barely off the enter key before complaints start about corrupt politicians falsifying data when they DEcrease the total.....