Unemployment Insurance Weekly Claims Report (11/3/2011)

[mahatmakanejeeves]

Source: Employment and Training Administration, Department of Labor

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending October 29, the advance figure for seasonally adjusted initial claims was 397,000, a decrease of 9,000 from the previous week's revised figure of 406,000. The 4-week moving average was 404,500, a decrease of 2,000 from the previous week's revised average of 406,500.

The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending October 22, unchanged from the prior week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending October 22 was 3,683,000, a decrease of 15,000 from the preceding week's revised level of 3,698,000. The 4-week moving average was 3,703,250, a decrease of 10,500 from the preceding week's revised average of 3,713,750.

UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 366,923 in the week ending October 29, a decrease of 10,433 from the previous week. There were 421,097 initial claims in the comparable week in 2010.

Read more: http://www.dol.gov/opa/media/press/eta/ui/eta20111580.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.

Oooh, big drop this week. It's below 400,000. Haven't seen that in a while.