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Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
+6
js123
JaneWI
stilllooking
Jen
needajobinky
UPCHITCREEK
10 posters
Trade Deficit Widens On Oil Spike; Jobless Claims Up
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
(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
Guest- Guest
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
But it's getting better .....right?
UPCHITCREEK- Super Poster
- Posts : 1423
Join date : 2011-02-14
Age : 64
Location : Florida
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
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
needajobinky- Valued Poster
- Posts : 74
Join date : 2011-02-13
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
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).
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).
Jen- Admin
- Posts : 1684
Join date : 2011-02-12
Location : Ohio
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
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.
They didn't even mention it on HLN today and they usually do every week.
Jen- Admin
- Posts : 1684
Join date : 2011-02-12
Location : Ohio
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
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.
Unexpected---L.O.L.
stilllooking- Premium Poster
- Posts : 330
Join date : 2011-02-12
Location : Central Illinois
Job/hobbies : Taking care of my dogs
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
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.
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.
JaneWI- Monster Poster
- Posts : 2298
Join date : 2011-02-13
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
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.
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.
Jen- Admin
- Posts : 1684
Join date : 2011-02-12
Location : Ohio
Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
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/
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/
js123- Premium Poster
- Posts : 256
Join date : 2011-02-13
Location : Illinois
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
No agency or media seems interested in reporting the true unemployment numbers. But seriously you can't expect much out of fox news................
Guest- Guest
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
[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.
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.
mrgolf- Monster Poster
- Posts : 4049
Join date : 2011-02-13
Location : Santa Rosa, California
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
nc rate is also up to 9.9%...4K jobs were created in nc in jan...there are 450K unemployed in nc...
tofer- Valued Poster
- Posts : 64
Join date : 2011-02-15
Age : 59
Location : Cary, NC
Job/hobbies : Accounting
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
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.
RanBrow123- Valued Poster
- Posts : 83
Join date : 2011-02-18
New jobless claims
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!!
unemployed2long/1208- Elite Poster
- Posts : 650
Join date : 2011-02-13
Age : 76
Location : Ky/indiana
Job/hobbies : unemployed/living
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
Hey 1208 the BLS report that came out today showed the rate going up in ten states
Guest- Guest
Re: Number of Weekly Jobless Claims Rise Amid Downward Trend? In plain English, Unemployment Number Went Up
I'll merge it.
Jen- Admin
- Posts : 1684
Join date : 2011-02-12
Location : Ohio
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