UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT -329,000

[papau]

Previos week said:

In the week ending May 13, the advance figure for seasonally adjusted initial claims was 367,000, an increase of 42,000 from the previous week's revised figure of 325,000. The 4-week moving average was 333,250, an increase of 15,750 from the previous week's revised average of 317,500. - and we blamed P.R.

and now we have NO blame to P. R. and

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


May 25, 2006

(
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending May 20, the advance figure for seasonally adjusted initial claims was 329,000, a decrease of 40,000 from the previous week's revised figure of 369,000. The 4-week moving average was 337,000, an increase of 3,250 from the previous week's revised average of 333,750.

The advance seasonally adjusted insured unemployment rate was 1.9 percent for the week ending May 13, an increase of 0.1 percentage point from the prior week's unrevised rate of 1.8 percent.

The advance number for seasonally adjusted insured unemployment during the week ending May 13 was 2,420,000, an increase of 38,000 from the preceding week's revised level of 2,382,000. The 4-week moving average was 2,406,000, a decrease of 5,250 from the preceding week's revised average of 2,411,250.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 277,648 in the week ending May 20, a decrease of 32,601 from the previous week. There were 276,761 initial claims in the comparable week in 2005.

The advance unadjusted insured unemployment rate was 1.7 percent during the week ending May 13, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,243,441, an increase of 15,899 from the preceding week. A year earlier, the rate was 1.9 percent and the volume was 2,398,134.

Extended benefits were not available in any state during the week ending May 6.

[Skink]

1. Seems like a lot.

[rocktivity]

2. So what is Bush net job creation rate?

Has he at least broken even?

:shrug:
rocknation

[papau]

3. If you count the pretend jobs called "birth/death" he is fianally ahead

by a couple of million.

birth/death is an assumption that is never checked to reality - it says closing a plant means workers take new jobs that just have not been recorded yet in the payroll survey.

Funny how birth/death grows from year to year in total to date - which is then included in the "total number of folks working" number..

:-(

[sarcasmo]

4. This current Regime will spin a net gain. Kick and Nom for the truth.