Thu Mar 22, 2012, 08:32 AM
mahatmakanejeeves (5,272 posts)
ETA News Release: Unemployment Insurance Weekly Claims Report (03/22/2012)
Source: Department of Labor, Employment and Training Admin
Calendar Year 2012 Seasonal Factors: Seasonal factors for CY 2012 and the revised historical series for CY 2007-2011 for both initial claims and continued claims will be made available on line March 31, 2011, with the release of the Unemployment Insurance Weekly Claims Report .
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA
In the week ending March 17, the advance figure for seasonally adjusted initial claims was 348,000, a decrease of 5,000 from the previous week's revised figure of 353,000. The 4-week moving average was 355,000, a decrease of 1,250 from the previous week's revised average of 356,250.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending March 10, a decrease of 0.1 percentage point from the prior week's revised rate of 2.7 percent.
The advance number for seasonally adjusted insured unemployment during the week ending March 10 was 3,352,000, a decrease of 9,000 from the preceding week's revised level of 3,361,000. The 4-week moving average was 3,385,750, a decrease of 13,000 from the preceding week's revised average of 3,398,750.
Read more: http://www.dol.gov/opa/media/press/eta/ui/eta20120500.htm
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.
Down, but by only 5,000.
5 replies, 2320 views
ETA News Release: Unemployment Insurance Weekly Claims Report (03/22/2012) (Original post)
Response to mahatmakanejeeves (Original post)
Thu Mar 22, 2012, 09:12 AM
dotymed (5,570 posts)
1. The few new jobs being created
pay much LESS than the average wages of 30 years ago. Over 90% of the money realized through our "economic recovery" has gone to the top 1% of the wealthiest people in America.
Fuck this. GO OWS!!
Response to dotymed (Reply #1)
Thu Mar 22, 2012, 09:16 AM
DCBob (16,588 posts)
2. Please provide evidence to back up your claims.
I doubt you can. BTW, you can support OWS without bashing good economic news... they are not mutually exclusive.
Response to DCBob (Reply #2)
Thu Mar 22, 2012, 12:21 PM
Rozlee (2,341 posts)
4. Over 30 years of supply side economics
has resulted in stagnant wages for the 99% and a steady stream of our wealth flowing into the pockets of the 1%. The economic and real estate collapse has only fattened their coffers as it drained more of our wealth into their hands. Until we can reverse the inequality of the tax code and the corrupt structure of Wall St. speculation and the banking system, there will never be any income equality for the 99%.
Response to Rozlee (Reply #4)
Thu Mar 22, 2012, 04:29 PM
DCBob (16,588 posts)
5. Thats all true but cant we still have a somewhat positive reactive to unemployment going down?
Those getting hired after months or years out of work are I am sure thrilled.