Unemployment Insurance Weekly Claims Report (12/29/2011)
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT
SEASONALLY ADJUSTED DATA
In the week ending December 24, the advance figure for seasonally adjusted initial claims was 381,000, an increase of 15,000 from the previous week's revised figure of 366,000. The 4-week moving average was 375,000, a decrease of 5,750 from the previous week's revised average of 380,750.
The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending December 17, an increase of 0.1 percentage point from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending December 17, was 3,601,000, an increase of 34,000 from the preceding week's revised level of 3,567,000. The 4-week moving average was 3,598,750, a decrease of 39,000 from the preceding week's revised average of 3,637,750.
UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted, totaled 490,364 in the week ending December 24, an increase of 69,261 from the previous week. There were 525,710 initial claims in the comparable week in 2010.
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Link: http://www.dol.gov/opa/media/press/eta/ui/eta20111807.htm
Source: Employment and Training Administration, Department of Labor
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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.
Bad news. There's a big increase this week.
