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Most users ever online was 51 on Thu Feb 17, 2011 2:04 pm

Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

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Trade Deficit Widens On Oil Spike; Jobless Claims Up

Post by Guest on Thu Mar 10, 2011 11:38 am

Trade Deficit Widens On Oil Spike; Jobless Claims Up



(AP) A surge in oil prices helped push imports up at the fastest pace
in 18 years in January, giving the country the largest trade deficit in
six months.

A widening trade deficit is bad for the U.S. economy. When imports
outpace exports, more jobs go to foreign workers than to U.S. workers.


Also, the number of people seeking unemployment benefits rose last week, only the second increase in six weeks.
http://www.huffingtonpost.com/2011/03/10/trade-deficit-widens-on-o_n_833925.html

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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by UPCHITCREEK on Thu Mar 10, 2011 11:52 am

But it's getting better .....right? Suspect

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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by needajobinky on Thu Mar 10, 2011 12:38 pm

OKAY! WE HAVE HAD ENOUGH!!! Gas Strike March 11th! This worked once before...let's try it again. On March 11th, if everyone does not buy gas for one day, it will hurt the oil companies. It's time we stood up to them. We CAN have a voice...REMEMBER "MARCH" 11th DO NOT BUY GAS! Please re-post this to as many people as you can...it is urgent that this spreads like wildfire
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by Jen on Thu Mar 10, 2011 12:43 pm

http://www.dol.gov/opa/media/press/eta/ui/eta20110311.htm
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA
In the week ending March 5, the advance figure for seasonally adjusted

initial
claims
was 397,000, an increase of 26,000 from the previous week's revised
figure of 371,000. The 4-week moving average was 392,250, an increase of 3,000
from the previous week's revised average of 389,250.

The advance seasonally adjusted insured unemployment rate was 3.0 percent
for the week ending Feb. 26, unchanged from the prior
week's unrevised rate of 3.0 percent.

The advance number for seasonally adjusted insured unemployment during
the week ending Feb.26 was 3,771,000, a decrease of 20,000 from the preceding
week's revised level of 3,791,000. The 4-week moving average was 3,833,250,
a decrease of 34,750 from the preceding week's revised average of 3,868,000.

UNADJUSTED DATA
The advance number of actual initial claims under state programs, unadjusted,
totaled 406,096 in the week ending March 5, an increase of 52,147 from the previous
week. There were 459,523 initial claims in the comparable week in 2010.

The advance unadjusted insured unemployment rate was 3.5 percent during the
week ending Feb. 26, unchanged from the prior week.
The advance unadjusted number for persons claiming UI benefits in state programs
totaled 4,442,438, an increase of 97,576 from the preceding week. A year earlier,
the rate was 4.3 percent and the volume was 5,538,966.


The total number of people claiming benefits in all programs for the week ending
Feb 19 was 8,772,818.

Extended benefits were available in Alabama, Alaska, Arizona,
California, Colorado, Connecticut, Delaware, the District of Columbia,
Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine,
Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New
Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode
Island, South Carolina, Tennessee, Texas, Virginia, Washington, West
Virginia, and Wisconsin, during the week ending Feb 19.

Initial claims for UI benefits by former Federal civilian employees
totaled 1,496 in the week ending Feb. 26, a decrease of 301 from the
prior week. There were 2,075 initial claims by newly discharged
veterans, a decrease of 218 from the preceding week.

There were 41,142 former Federal civilian employees claiming UI
benefits for the week ending Feb. 19, a decrease of 5,156 from the
previous week. Newly discharged veterans claiming benefits totaled
39,176, a decrease of 1,394 from the prior week.

States reported 3,600,522 persons claiming EUC (Emergency
Unemployment Compensation) benefits for the week ending Feb. 19, a
decrease of 52,745 from the prior week. There were 5,527,451 claimants
in the comparable week in 2010. EUC weekly claims include first, second,
third, and fourth tier activity.

The highest insured unemployment rates in the week ending Feb. 19
were in Alaska (7.0 percent), Idaho (5.2), Montana (5.1), Puerto Rico
(5.1), Oregon (5.0), Rhode Island (5.0), Pennsylvania (4.9), Wisconsin
(4.9), New Jersey (4.7), and Connecticut (4.6).

The largest increases in initial claims for the week ending Feb. 26
were in Massachusetts (+3,804), Washington (+976), Rhode Island (+776),
Connecticut (+682), and Florida (+651), while the largest decreases were
in California (-12,730), Illinois (-2,430), Missouri (-2,255), Texas
(-1,707), and Tennessee (-1,515).
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by Jen on Thu Mar 10, 2011 1:07 pm

So, how are they going to explain the new weekly claims going back up when they claim everything is so rosy?
They didn't even mention it on HLN today and they usually do every week. Suspect
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by stilllooking on Thu Mar 10, 2011 1:11 pm

Jen wrote:So, how are they going to explain the new weekly claims going back up when they claim everything is so rosy?
They didn't even mention it on HLN today and they usually do every week. Suspect


Unexpected---L.O.L.
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by JaneWI on Thu Mar 10, 2011 1:13 pm

stilllooking wrote:
Jen wrote:So, how are they going to explain the new weekly claims going back up when they claim everything is so rosy?
They didn't even mention it on HLN today and they usually do every week. Suspect


Unexpected---L.O.L.

There has to be another word to describe the unemployment rate. The English language has millions of words, yet they only seem to use one.

lol!
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by Jen on Thu Mar 10, 2011 1:14 pm

http://www.msnbc.msn.com/id/42005684/ns/business-stocks_and_economy/
The latest report covers the week after the Presidents' Day holiday,
when many government offices were closed. Applications usually rise in
weeks following holiday-shortened weeks.


I hadn't read any of the articles yet. Here's their lame excuse. Rolling Eyes
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Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by js123 on Thu Mar 10, 2011 4:48 pm

Here we go again! The numbers go up and the numbers go down, the numbers go up and the numbers go down. This is like a roller coaster ride to nowhere.

I thought the picture of a bouncing ball would be suitable for this topic.

From: Fox News
Dated: 3/10/11

http://www.foxnews.com/politics/2011/03/10/number-weekly-jobless-claims-rises-amid-downward-trend/
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by Guest on Thu Mar 10, 2011 5:15 pm

No agency or media seems interested in reporting the true unemployment numbers. But seriously you can't expect much out of fox news................

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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by mrgolf on Thu Mar 10, 2011 5:20 pm

[quote="js123"]Here we go again! The numbers go up and the numbers go down, the numbers go up and the numbers go down. This is like a roller coaster ride to nowhere.

I thought the picture of a bouncing ball would be suitable for this topic.

From: Fox News
Dated: 3/10/11

http://www.foxnews.com/politics/2011/03/10/number-weekly-jobless-claims-rises-amid-downward-trend/[center] [

WASHINGTON -- The number of people seeking unemployment benefits rose last week. But the rise comes after applications hit their lowest level in nearly three years, and economists expect further declines as the economy improves.
Applications rose by 26,000 to a seasonally adjusted 397,000 during the week ended March 5, the Labor Department said Thursday.
The latest report covers the week after the Presidents' Day holiday, when many government offices were closed. Applications usually rise in weeks following holiday-shortened weeks.
Applications below 425,000 signal modest job growth. But they need to fall consistently below 375,000 to signal a sustained decline in the unemployment rate. Unemployment benefit applications peaked during the recession at 651,000.
The four-week average, a less volatile measure, rose to 392,250. The average fell to its lowest level since July 2008 two weeks ago.


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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by tofer on Thu Mar 10, 2011 5:21 pm

nc rate is also up to 9.9%...4K jobs were created in nc in jan...there are 450K unemployed in nc...
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by RanBrow123 on Thu Mar 10, 2011 6:20 pm

needajobinky wrote:OKAY! WE HAVE HAD ENOUGH!!! Gas Strike March 11th! This worked once before...let's try it again. On March 11th, if everyone does not buy gas for one day, it will hurt the oil companies. It's time we stood up to them. We CAN have a voice...REMEMBER "MARCH" 11th DO NOT BUY GAS! Please re-post this to as many people as you can...it is urgent that this spreads like wildfire

The only thing a one-day boycott will do is hurt business for the gas station trying to sell you the gas. Don't get me wrong, boycotts work, but only if you stick with them for a long time. If you're just going to buy gas the next day, chances are good nobody at the top of the supply chain is going to notice.

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New jobless claims

Post by unemployed2long/1208 on Fri Mar 11, 2011 12:33 am

lets see! Did hear that new claims were up 29,000??? But betcha don't see the UE rate go up! Because more and more 99er's... They love it!!
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by Guest on Fri Mar 11, 2011 12:36 am

Hey 1208 the BLS report that came out today showed the rate going up in ten states

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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

Post by Jen on Fri Mar 11, 2011 12:42 am

I'll merge it. Very Happy
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Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up

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