unemployment seasonally adjusted 345,000 - up 4000 from last week

[papau]

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

July 29, 2004 UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending July 24, the advance figure for seasonally adjusted initial claims was 345,000, an increase of 4,000 from the previous week's revised figure of 341,000. The 4-week moving average was 336,250, a decrease of 1,000 from the previous week's revised average of 337,250.

The advance seasonally adjusted insured unemployment rate was 2.3 percent for the week ending July 17, an increase of 0.1 percentage point from the prior week's unrevised rate of 2.2 percent.

The advance number for seasonally adjusted insured unemployment during the week ending July 17 was 2,960,000, an increase of 174,000 from the preceding week's revised level of 2,786,000. The 4-week moving average was 2,889,750, an increase of 750 from the preceding week's revised average of 2,889,000.


UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 314,797 in the week ending July 24, a decrease of 79,319 from the previous week. There were 348,382 initial claims in the comparable week in 2003.

The advance unadjusted insured unemployment rate was 2.3 percent during the week ending July 17, unchanged from the prior week. The advance unadjusted number for persons claiming UI benefits in state programs totaled 2,950,924, an increase of 58,979 from the preceding week. A year earlier, the rate was 2.8 percent and the volume was 3,541,796.

[sofa king]

1. I'm doing my part!

I'm waltzing on down to the unemployment office today. I hope I don't have to stay on it long--I hate being on the dole at all.

But I have to say that in a larger sense my troubles, while highly inconvenient for me personally, are one microscopically small black mark in this Administration's book.

Am I happy being broke and temporarily reliant upon The Man? No. But I am happy that my suffering is recorded and regarded as something more than insignificant.

[Krupskaya]

2. I know what you're saying...

I was pissed when my unemployment ran out, because I don't show up on the rosters anymore. There's no way to track "discouraged" job-seekers, other than surveys.

[Jim__]

3. Reuters seems to think this is "good news"

The ranks of Americans lining up to claim an initial week of jobless benefits inched up by 4,000 last week, the government said on Thursday in an as-expected report that suggested stability in the pace of layoffs.

...

The level of claims was only a touch above market expectations. Analysts polled by Reuters forecast claims to rise to 340,000 from the 339,000 initially reported for the week ended July 17.

U.S. job growth picked up earlier this year after a long drought and claims remain at levels economists consider consistent with further gains.
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[William Bloode]

4. "unemployment seasonally adjusted 345,000 - up 4000 from last week"

Hehehe, sadly my first post is to say my wife is in on those figures. Man i really love what the Bush economy has done for my area, thats now 2 of us on a wonderful extended vacation.(sarcasm off)

[Supormom]

5. Welcome to DU, William Bloode

:hi:

[papau]

6. Welcome to DU - and sorry about your wife joining the UE stat

:-)

:-(

:-)

[newyawker99]

7. Hi William Bloode!!

Welcome to DU!! :toast: