Unemployment Insurance Weekly Claims Report (10/20/2011)

[mahatmakanejeeves]

Source: Employment and Training Administration, Department of Labor

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending October 15, the advance figure for seasonally adjusted initial claims was 403,000, a decrease of 6,000 from the previous week's revised figure of 409,000. The 4-week moving average was 403,000, a decrease of 6,250 from the previous week's revised average of 409,250.

The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending October 8, unchanged from the prior week's unrevised rate of 2.9 percent.

The advance number for seasonally adjusted insured unemployment during the week ending October 8 was 3,719,000, an increase of 25,000 from the preceding week's revised level of 3,694,000. The 4-week moving average was 3,722,500, a decrease of 7,500 from the preceding week's revised average of 3,730,000.

Read more: http://www.dol.gov/opa/media/press/eta/ui/eta20111506.htm

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Good morning, Freepers and DUers alike. It is time once again for the weekly unemployment insurance 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.

Initial claims are down by 6,000 this week.

[Beacool]

1. Still very high............

:(

[pinqy]

2. It's come down a lot

The high was 651,000 for the week ending March 28,2009.

For continuing claims, the high was 6,567,000 in June 2009, down now to 3,719,000 (state programs)